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Employment data for November is due out this morning, with economists expecting that the rise in...

Employment data for November is due out this morning, with economists expecting that the rise in nonfarm payrolls slowed to 85,000 from 171,000 in October and that the jobless rate was unchanged at 7.9%. Superstorm Sandy was likely to be have been a key factor that held back hiring, while the uncertainty engendered by the fiscal cliff probably also didn't help.
Comments (1)
  • june1234
    , contributor
    Comments (2502) | Send Message
     
    News flash these types of anemic job growth numbers have been reported for almost 5 years now. Using these projections , 2 states are responsible for a 100,000 less jobs created than the prior month? Means the rest of the nation contributes less than NJ and NY do. Can't say I can recall one storm wrecking so much havoc on employment from Florida to Alaska.Courtesy of Uncle Ben's free money policy corporate, junk, municipal debt are at record highs in this country ..Municipal debt alone stands at $3.7 trillion,.No country in history has ever managed to pile up so much private and public debt , Interest rates can never go up as Jami Dimon of JP Morgan said during his testimony before senate ; I should say, since I watched it, senate was testifying before Jamie.
    7 Dec 2012, 08:02 AM Reply Like
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