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US labour demand improving

Posted on Monday, January 31, 2011 at 04:26PM by Registered CommenterSimon Ward | CommentsPost a Comment

In further evidence that US companies have shifted into expansionary mode, online job postings rose sharply in January, having moved sideways during the second half of 2010, according to the Conference Board. Vacancies lead employment, suggesting stronger payrolls growth ahead – see chart. Confidence in this prospect will increase if the pick-up in postings is confirmed by the Monster employment survey, released on Thursday.

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