Herman's childhood, upwardly and downwardly mobile, as his father's affairs prospered or, more often, failed.
The private sector added 162, 000 jobs in September, below the downwardly revised August figure of 189, 000.
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With some economists downwardly revising their forecasts, the consensus expectation was for a roughly 50, 000 gain in non-farm payrolls.
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Among these downwardly mobile, millions have come to the realization that they will never return to where they were before.
Starts, which are a forward indicator as they track construction, rose by an annualized rate of 750, 000 in August from a downwardly revised 733, 000 in June.
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It would have been unthinkable ten years ago to ask the provocatively downwardly mobile questions raised at a Financial Times conference on the future of America this morning.
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The trade group said Tuesday its seasonally adjusted index of pending sales for existing homes fell to 82.3, the lowest point on record, from a downwardly revised October reading of 85.7.
The stock has been falling for almost a year, but a downwardly revised production outlook in May exacerbated the rout, feeding the rumor mill and taking down former CEO Richard Whiting.
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The National Association of Realtors said existing home sales plunged 27.2% to a seasonally adjusted annual rate of 3.8 million units in July from a downwardly revised 5.3 million in June.
Without such a catalyst, RIM will remain downwardly mobile.
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The Conference Board, a private research group, said its index of consumer confidence fell to 82.2 in November, its lowest level in more than seven years, compared with a downwardly revised 85.3 in October.
Productivity, as measured by the Bureau of Labor Statistics, fell 0.3% in the second quarter, while first quarter productivity was downwardly revised from an increase of 1.8% to a decrease of 0.6%, a 2.3% negative revision.
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U.S. housing starts during July ran at a 604, 000 pace, which is admittedly 4, 000 above forecast, but represents a 1.5% drop from a downwardly revised June reading of 613, 000 when optimists claimed the housing recovery might be underway.
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The main feature of irony that makes us associate it so closely with hipsters is that lots of hipsters are essentially downwardly mobile young people who are putting themselves to some practical use, however small or marginal, instead of sitting around getting obese.
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