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new republican congressional majority helps propel job growth
Posted on 12/5/14 at 7:59 am
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.
LINK
Posted on 12/5/14 at 8:04 am to KeyserSoze999
NOW market performance is linked to politics.
Posted on 12/5/14 at 8:06 am to KeyserSoze999
Yes. You are doing it right.
Posted on 12/5/14 at 8:06 am to a want
new senate majority on the way, employers decide to add more jobs, just a coincidence? I think not
Posted on 12/5/14 at 8:09 am to a want
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 on 12/5/14 at 8:13 am to Homesick Tiger
quote:
Well the Dems did rewrite the definition of unemployment
The GOP's only argument for anything, ever: "it's a conspiracy!"
Posted on 12/5/14 at 8:17 am to Homesick Tiger
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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