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new republican congressional majority helps propel job growth

Posted on 12/5/14 at 7:59 am
Posted by KeyserSoze999
Member since Dec 2009
10608 posts
Posted on 12/5/14 at 7:59 am
quote:

Stock futures resume upward trend after jobs report

U.S. stock futures fluctuated on Friday, with benchmark Treasury yields shooting higher, after the monthly jobs report had the economy adding 321,000 jobs in November, exceeding expectations.

The unemployment rate remained unchanged at 5.8 percent, with nonfarm payrolls posting their tenth consecutive month above a 200,000 reading.
Read MoreWe've got the jobs, but show us the money

"The net of this is it's a continuation of strong jobs creation; we'd like the participation rate to go up, we'd like wage pressure, but we're creating jobs, the more we do that, the more we are going to start to see that," said Art Hogan, chief market strategist at Wunderlich Securities.


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Posted by a want
I love everybody
Member since Oct 2010
19756 posts
Posted on 12/5/14 at 8:04 am to
NOW market performance is linked to politics.
Posted by TrueTiger
Chicken's most valuable
Member since Sep 2004
67902 posts
Posted on 12/5/14 at 8:06 am to
Yes. You are doing it right.
Posted by KeyserSoze999
Member since Dec 2009
10608 posts
Posted on 12/5/14 at 8:06 am to
new senate majority on the way, employers decide to add more jobs, just a coincidence? I think not
Posted by Tiger n Miami AU83
Miami
Member since Oct 2007
45656 posts
Posted on 12/5/14 at 8:07 am to
Posted by Homesick Tiger
Greenbrier, AR
Member since Nov 2006
54209 posts
Posted on 12/5/14 at 8:09 am to
quote:

NOW market performance is linked to politics.


Well the Dems did rewrite the definition of unemployment and deportation and you seemed to be fine with that. Better get use to the ole saying of what goes around comes around.
Posted by Bayou Sam
Istanbul
Member since Aug 2009
5921 posts
Posted on 12/5/14 at 8:13 am to
quote:

Well the Dems did rewrite the definition of unemployment


The GOP's only argument for anything, ever: "it's a conspiracy!"
Posted by a want
I love everybody
Member since Oct 2010
19756 posts
Posted on 12/5/14 at 8:17 am to
quote:

Well the Dems did rewrite the definition of unemployment


The unemployment metric has been the same for many, many administrations. The "participation rate" has always been excluded or marginalized from the calc. This is not the Obama administration's doing.
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