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Article Source: USA Today
The economy generated jobs at a noticeably faster pace in January, the government said Tuesday in a further sign that the labor market may be turning the corner.
The number of job openings in the USA rose by 193,000 to 2.7 million, the second-largest increase since March 2007, the Bureau of Labor Statistics said. The job openings rate — the portion of all jobs that were open — was 2.1%, up from 2% in December and the highest since February 2009.
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Article Source: MSNBC - AP
Small gain could be a signal that Americans are regaining confidence
WASHINGTON - Consumer borrowing broke a record stretch of declines with a small increase in January as a boost in auto loans offset continued weakness in credit card borrowing. The small gain, the first in nearly a year, could be a signal that Americans are regaining confidence in the economy.
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Article Source: MediaPost.com
The Pew Research Center's most ambitious examination to date of America's newest generation, the 50 million Millennials, is prefaced with the admission that most readers don't need a team of researchers to tell them that the typical 20 year-old, 45 year-old, and 70 year-old are likely to be different from one another. People already know that.
At the same time, the authors recognize the difficulty in completely disentangling the multiple reasons that generations differ. At any given moment in time, age group differences can be the result of three overlapping processes, says the report.
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Article Source: CNN
NEW YORK (CNNMoney.com) -- The end of more than two years of job losses can't come soon enough for most Americans. But with all the attention given to the number of jobs on U.S. payrolls and the unemployment rate, it's easy to miss one important sign of improvement in the job market: paychecks have started to get bigger.
Despite the millions of people who have lost jobs during the past year, there are signs that personal income is increasing. Even a small gain in income is significant. If consumers have more money in their pocket, that can help to boost consumer spending and create the demand that will prompt a resumption of hiring.
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Article Source: The Denver Post
Colorado: The number of Colorado children in foster care awaiting permanent adoption has been cut in half by a partnership between churches and government that places parentless kids in "forever homes."
When the Colorado Springs-based ministry Focus on the Family began spearheading the "Wait No More" adoption initiative in November 2008, the state had 8,000 children in foster care. That number included almost 800 children who were eligible for adoption because their parents had lost parental rights after the state found serious and repetitive neglect and abuse in their families.
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