- Joined
- 7/14/07
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Better than expected jobns report buoy stocks.
http://www.reuters.com/article/ousiv/idUSTRE5762GN20090807?pageNumber=2&virtualBrandChannel=0
But the surprise is unemployment rate has gone down even though there were about 250K jobs lost in the last month. apparently this is explained by a fall in labor force participation. Not sure about what the latter part means or indicate.
http://www.reuters.com/article/ousiv/idUSTRE5762GN20090807?pageNumber=2&virtualBrandChannel=0
But the surprise is unemployment rate has gone down even though there were about 250K jobs lost in the last month. apparently this is explained by a fall in labor force participation. Not sure about what the latter part means or indicate.