We can't say it enough, jobs, jobs, jobs.
When the data on jobs lost in August comes up, the markets will take on a whole different tone.
Economists polled by Reuters forecast job losses of 225,000 for August, which would be a slight improvement from 247,000 lost in July. But they expect the unemployment rate to rise to 9.5 percent in August from last month's 9.4 percent. sourceReuters: Nikkei rises 0.7 pct after election, yen weighs
2 comments:
No jobs will be created because the GOPERS own CORP. America and our reward for voting in Obama and the Dems. is a Depression. The GOPERS are now in fortress mode like in the 30's.
Yeah and now they call Obama a communist while their companies pack up for China where they roll in the dough on dirt cheap labor and lax environmental standards.
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