Funny iPhone Critique | Main | Help Get The Taliban's Website Shut Down -- Again
July 06, 2007

Better Than Expected Jobs Report Buoys Stocks

132,000 last month, plus the regularly scheduled increases for previous months' numbers.

Stocks drifted higher in erratic trading Friday, after the government reported that employers have been creating more jobs than expected.

The Labor Department said the unemployment rate held steady at 4.5 percent in June for the third straight month, as expected, and that 132,000 jobs were added - fewer than in May, but higher than the average forecast. The data also showed that a larger number of jobs were created in April and May than previously thought, and that June's average work week ticked up 0.1 percent, more than anticipated.

...

But while the positive snapshot boded well for the long-term performance of the stock market, it also raised worries that a too-strong economy will make the Federal Reserve more willing to raise rates to curb inflation.


digg this
posted by Ace at 03:12 PM

| Access Comments




Recent Comments
dartist: "239 dartist, forgot about Van Morrison. Although ..."

JTB: "227 ... "Oh, I will, I will. I've shot a goodly bi ..."

Willie Jeff Clinton: "You're looking for a decocker? I might have one ar ..."

LGoPs: "[i]LOL... when was that? the day in March 83 that ..."

TheQuietMan: " Well Well. Mueller "admits" 5 months of texts bet ..."

Waste93: " If you like the H&K VP9 then try the H&K P30 seri ..."

Gref: "Looks like I won't have to worry this year about t ..."

ScoggDog: "[i]Posted by: qdpsteve at January 21, 2018 08:00 P ..."

qdpsteve: "dartist, forgot about Van Morrison. Although I don ..."

Mark Andrew Edwards [/i] [/b]: "I'm off to dinner too. Have a good one. Than ..."

Sixgunsam: "Big fan of the HK P9S... it was the first striker ..."

Mark Andrew Edwards [/i] [/b]: "Nite Jane! ..."

Recent Entries
Search


MuNuvians
Polls! Polls! Polls!
Frequently Asked Questions
The (Almost) Complete Paul Anka Integrity Kick
Top Top Tens
Greatest Hitjobs

The Ace of Spades HQ Sex-for-Money Skankathon
A D&D Guide to the Democratic Candidates
Margaret Cho: Just Not Funny
More Margaret Cho Abuse
Margaret Cho: Still Not Funny
Iraqi Prisoner Claims He Was Raped... By Woman
Wonkette Announces "Morning Zoo" Format
John Kerry's "Plan" Causes Surrender of Moqtada al-Sadr's Militia
World Muslim Leaders Apologize for Nick Berg's Beheading
Michael Moore Goes on Lunchtime Manhattan Death-Spree
Milestone: Oliver Willis Posts 400th "Fake News Article" Referencing Britney Spears
Liberal Economists Rue a "New Decade of Greed"
Artificial Insouciance: Maureen Dowd's Word Processor Revolts Against Her Numbing Imbecility
Intelligence Officials Eye Blogs for Tips
They Done Found Us Out, Cletus: Intrepid Internet Detective Figures Out Our Master Plan
Shock: Josh Marshall Almost Mentions Sarin Discovery in Iraq
Leather-Clad Biker Freaks Terrorize Australian Town
When Clinton Was President, Torture Was Cool
What Wonkette Means When She Explains What Tina Brown Means
Wonkette's Stand-Up Act
Wankette HQ Gay-Rumors Du Jour
Here's What's Bugging Me: Goose and Slider
My Own Micah Wright Style Confession of Dishonesty
Outraged "Conservatives" React to the FMA
An On-Line Impression of Dennis Miller Having Sex with a Kodiak Bear
The Story the Rightwing Media Refuses to Report!
Our Lunch with David "Glengarry Glen Ross" Mamet
The House of Love: Paul Krugman
A Michael Moore Mystery (TM)
The Dowd-O-Matic!
Liberal Consistency and Other Myths
Kepler's Laws of Liberal Media Bias
John Kerry-- The Splunge! Candidate
"Divisive" Politics & "Attacks on Patriotism" (very long)
The Donkey ("The Raven" parody)
News/Chat
Archives
Powered by
Movable Type 2.64