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U.S. economy adds 288,000 jobs in June
After years in disrepair, the American jobs machine is now humming along nicely.
A net 288,000 jobs were added in June, handily beating the consensus forecast of 215,000. It's the first five-month streak of job growth above 200,000 since the economic golden era of the late 1990s. Over the past year monthly job gains have also averaged around 200,000, which represents a decent pace of employment gains given American demographics and a stop-start global economy.
Read More here...
But there is a question as to the quality of the new jobs.
Looks like markets are gonna rally again tomorrow? Or maybe this is an excuse for FED to wind down stimulus completely(they are running out of money)
and when the music stops....
After years in disrepair, the American jobs machine is now humming along nicely.
A net 288,000 jobs were added in June, handily beating the consensus forecast of 215,000. It's the first five-month streak of job growth above 200,000 since the economic golden era of the late 1990s. Over the past year monthly job gains have also averaged around 200,000, which represents a decent pace of employment gains given American demographics and a stop-start global economy.
Read More here...
But there is a question as to the quality of the new jobs.
Looks like markets are gonna rally again tomorrow? Or maybe this is an excuse for FED to wind down stimulus completely(they are running out of money)
and when the music stops....
Virtual currencies are worth virtually nothing.
http://thebluefund.blogspot.com
http://thebluefund.blogspot.com