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Thursday, August 1, 2013

Employment

News                                                                                                                             
CNBC | Planned layoffs drop in July; defense, health care suffer
The number of planned layoffs at U.S. firms fell modestly in July, though the healthcare and defense sectors saw the biggest job cuts, a report on Thursday showed.

Econ Comments & Analysis                                                                                            
Bloomberg | Jobless Claims in U.S. Fall to Lowest Level in Five Years
Claims for jobless benefits unexpectedly dropped to the lowest level in more than five years, extending swings typical for the month of July.
CATO | Calling for a Real Stimulus
The U.S. economic recovery remains anemic, so President Barack Obama wants Washington to spend more money. Of course, if the economy was booming, he would want the federal government to spend even more money.