Article: ECONOMY WATCH.(BUSINESS)

Byline: JEANNINE AVERSA - State Journal staff, wire services

in a row in August. Even so, the 8.4 percent rate reported Thursday by the state Department of Workforce Development remained significantly higher than points below the national rate. The state report said 12,800 fewer people were employed in August than July and 118,600 fewer than a year ago.

JOBLESS CLAIMS: Initial claims for unemployment benefits dropped last week to a seasonally adjusted 545,000 from 557,000 the previous week, the Labor Department said. The decline was the third in the past four weeks.

NEW HOMES: Construction of single-family homes and apartments rose 1.5 percent ...

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