Employment gains spur some rethinking
by Peter Whoriskey on Feb. 03, 2012, under Arizona Republic News WASHINGTON – An unexpectedly rosy jobs report set off a chain reaction Friday, upending economists’ gloomy predictions for the coming year, leading to a surge on Wall Street and …
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Treasuries Fall as Employment Gains Cast Doubt on Fed’s Low-Rate Policy
Gains in employment in January were broad-based, including manufacturing, construction, temporary help agencies, accounting firms, restaurants and retailers. “It’s a solid report all around,” said Tom Porcelli, chief US economist in New York at Royal …
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Employment gains aren’t attracting believers yet
By KEVIN G. HALL WASHINGTON — Employment statistics and the jobless rate have improved over the past several months. These usually point to a rebounding economy, but there’s still considerable doubt over just what these numbers really mean.
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