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Unemployment

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The stock market rallied on Friday after the government’s monthly unemployment report showed solid growth in construction and manufacturing jobs

The stock market rallied on Friday after the government’s monthly unemployment report showed solid growth in construction and manufacturing jobs. Also, Wall Street will be listening very closely to Janet Yellen, who will make her first appearance on Capitol Hill this week as head of the Federal Reserve. Alexis Christoforous reports.

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In North Carolina, Republicans say the state legislature's decision to cut unemployment insurance has given the jobless more incentive

More than 1.6 million Americans lost their long-term unemployment insurance when Congress failed to renew the benefits at the end of December. In North Carolina, Republicans say the state legislature's decision to cut unemployment insurance has given the jobless more incentive, but Democrats say many have given up looking for work. Nancy Cordes reports.

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