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Thursday, April 17, 2014

Employment

News                                                                                                                             
Bloomberg | Jobless Claims in U.S. Hover Near Lowest Level Since 2007
The number of Americans filing for unemployment insurance payments hovered last week near the lowest level in almost seven years, and consumer confidence improved, showing the world’s largest economy is speeding up.

Econ Comments & Analysis                                                                                            
Fortune | Should all interns get paid?
As we head from spring into summer, many college students are planning their vacations while those looking to get their first taste of the working world are likely hunting for internships.

Blogs                                                                                                                             
Market Watch | First-quarter wage growth was strongest in more than four years
On a seasonally adjusted basis, the 2.7% growth in the first quarter was the strongest since the fourth quarter of 2009, when wages grew 2.8%. Importantly, the wage growth was faster than the 1.4% increase in seasonally adjusted consumer prices over the same period. Without adjusting for seasonality, median weekly wages were $796 in the first quarter.