Stock market, and economy, at any point in time are unfathomable IMHO. Among plethora of conflicting news, it is a challenge to understand the true state of affairs. Plus majority of us are biased. A Bull is always on a lookout for good news. This blog is for Bulls- where only those news are posted which strengthen Bullish outlook. If a Bear stepped into this Bull territory by mistake, he should get out and visit a field dedicated to Bears: http://for-bears.blogspot.com
Tuesday, December 15, 2009
U.S. economy is already adding jobs, analysis finds
Improvement in the U.S. job market might be taking place but is going largely unnoticed. The service sector, which accounts for 86% of employment, added 58,000 jobs last month, the second month of improvement. Initial claims for unemployment benefits remain at a historically high level, but the four-week rolling average for such claims is 474,000, the fewest in more than a year. Slate
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