Economic dip likely to spur Fed action

Jobless applications rise, economists see little hope in hiring

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By Christopher S. Rugaber

Associated Press

Published: Thursday, June 14 2012 8:28 p.m. MDT

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Summary

The U.S. job market is flagging, and consumer prices are barely rising. The picture sketched by data released Thursday has made some economists predict the Federal Reserve will announce some new step next week to boost the economy.

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