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U.S. stocks bounce back–but tomorrow will tell if this is just a bounce
If the S&P 500 can finish the day above 2060, then tomorrow’s action will tell us whether the bounce of the last two days can turn into a recovery of all the lost ground for 2015.
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Stronger than expected February job growth continues dip in U.S. stocks
The economy added more jobs than expected in February—295,000 vs. projections of a 240,000 increase—and U.S. stocks have tumbled on the news
Saturday Night Quarterback says, For the week ahead expect…
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Good jobs gain but drop in wages raises slight worry about U.S. growth
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Strong jobs report starts the market worrying about an interest rate increase from the Fed
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...
U.S. economy adds 321,000 net new jobs in November
I think it’s fair to call the November jobs numbers announced this morning a blow out. The economy created 321,000 net new jobs in November. That was way ahead of the 230,000 expected by economists
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U.S. GDP up 3.5% in the third quarter but with big boost from falling energy imports and government spending
The first read on third quarter GDP put U.S. economic growth at a 3.5% rate. That’s down from the 4.6% in the second quarter but well above the 3.0% growth expected by economists surveyed by Briefing.com. And the two-quarter trend of 4.6% growth in the second quarter and 3.5% growth in the third quarter is the strongest back-to-back numbers for the economy since the last six months of 2003.
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Jobs growth surprisingly strong but labor participation puzzle remains
There is no doubt that this jobs report is good news for the U.S. economy and for a global economy looking to the United States as the only growth engine in town. It certainly looks like the world can count on solid growth from the U.S. for the rest of 2014
Drop in initial claims for unemployment argues for strong September jobs report–and a stronger U.S. economy
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...
Rise in weekly initial claims number leaves markets guessing on Fed
Today’s report from the U.S. Department of Labor on initial claims for unemployment for the week ended September 6 clarified precisely nothing about the state of the jobs market.
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