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As always, there's both some good and bad economic news today. The not-too-encouraging: The New York State Department of Labor reports that New York City's unemployment rate jumped to 9.6 percent last month, "surpassing the national unemployment rate for the first time since the recession began." Much better: Morgan Stanley is hiring 400 new employees! (If you don't know anything about emerging markets, foreign exchange, and/or derivatives, however, don't even bother taking the time to hunt for the latest version of your resume.) Regardless, feel free to focus on whichever piece of news suits you, depending on whether you're the glass-half-full or glass-half-empty type. [NYT, AP]