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WASHINGTON | U.S. industrial output rose in March as cold weather kept utilities busy generating heat and a surge in auto production helped offset broader weakness in manufacturing.
WASHINGTON | Even after U.S. lawmakers avoided the so-called fiscal cliff, higher taxes and brinksmanship in Washington are likely to continue damaging the fragile economy well into 2013.
WASHINGTON | Some reward.
WASHINGTON | The American job machine has jammed. Again.
Employers stopped adding jobs in August, an alarming setback for an economy at risk of another recession. The government also reported that the unemployment rate remained at 9.1 percent. It was the weakest jobs report since September 2010.
This is one anniversary few feel like celebrating. Two years after economists say the Great Recession ended, the recovery has been the weakest and most lopsided of any since the 1930s.
WASHINGTON | Far fewer Americans are applying for unemployment benefits as the year ends, raising hopes for a healthier job market in 2011.
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