Economy

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Weekly Jobless Claims Stay Near 5-Year Low

The news could be another sign that the economy's picked up enough strength to convince employers that it's OK to hold on to workers.
NPR

Furloughs Only The Latest Blow To Federal Worker Morale

Government work was once synonymous with job security and stability. But these days furloughs, pay freezes and threats of further cuts are fomenting discontent. Some federal employees also say that public criticism of the federal government is also taking a toll.
NPR

Immigrants Tend To Complement, Not Replace American Jobs

The Senate Judiciary Committee is beginning work Thursday on a proposal to overhaul the nation's immigration laws. Audie Cornish talks with Adam Davidson of the Planet Money team about what academic research says about the economic impact of immigration.
NPR

Nearly Three Years After Dodd-Frank, Reforms Happen Slowly

The Wall Street Reform and Consumer Protection Act was a sweeping legislative package designed to prevent another financial collapse. Journalist Gary Rivlin says passing the bill was just a first step in a long road to real reform, and the financial system is as vulnerable to disaster it was in 2008.
NPR

Portugal Struggles To Avoid 2nd Bailout

Portugal's creditors are evaluating the country's latest austerity package, which includes 30,000 public sector layoffs, to determine whether Lisbon might need a second international bailout. The Portuguese government is raising the retirement age and lengthening work weeks to try to squeeze out more revenue, and repay its bailout loans.
NPR

Casino Gambling Data Shows Economic Conditions Are Better

Casino gambling is back to pre-recession levels in the U.S., according to a new report from the gaming industry. One in three Americans went to a casino last year, and those who opened their wallets wagered a total of $37 billion, about 5 percent more than the previous year.

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