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6:34am

Fri August 5, 2011
The Two-Way

Hiring Picks Up Slightly In July; Unemployment Drops To 9.1 Percent

U.S. employers added 117,000 jobs last month, according to new numbers from The Bureau of Labor Statistics. The unemployment rate dropped to 9.1 percent.

The AP reports:

The mild gain may ease investors' concerns after the Dow Jones industrial average plummeted more than 500 points over concerns that the U.S. may be entering another recession.

Still, the economy needs twice as many net jobs per month to rapidly reduce unemployment. The rate has topped 9 percent in every month except two since the recession officially ended in June 2009.

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6:10am

Fri August 5, 2011
Economy

Unemployment Numbers For July Out Friday

Steve Inskeep talks with NPR's Yuki Noguchi about the latest unemployment data from the federal government.

5:45am

Fri August 5, 2011
The Two-Way

World Markets In Turmoil, As U.S. Awaits Employment Numbers

A day after U.S. markets posted their worst losses since the financial crisis, world markets followed suit. As we explained, yesterday, two big things were on the minds of investors as the big sell-off took place: Worry about a U.S. economy that experts say can swing back into recession and worry that the European debt crisis is spreading to Italy and Spain.

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4:53am

Fri August 5, 2011
Strange News

Thief In N.H. Returns Stolen Items, Apologizes

Last month, a New Hampshire man stole a wallet from a woman's shopping cart, taking $90 and a GPS navigation device. Days later, the man knocked on the woman's door, having also found her address. He said he was sorry as he returned the items. Police say if they find him, they'll arrest him anyway.

4:47am

Fri August 5, 2011
Strange News

Thanks To Monks, Lobsters Avoid Pot, Return To Sea

To celebrate Wheel Turning Day, a group of Tibetan Monks in Massachusetts bought more than 500 lobsters destined for large pots of boiling water and put them in the cool waters of the Atlantic instead. The holiday commemorates Buddha's first sermon, when he spoke of karma; good deeds performed on this day are multiplied.

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