Friday, April 6, 2012

DailyMarkets.com - What Today’s Job Numbers Mean

DailyMarkets.com - What Today’s Job Numbers Mean

What Today’s Job Numbers Mean

Posted: 06 Apr 2012 09:17 AM PDT

The economy added only 120,000 jobs in March – down from the rate of more than 200,000 in each of the preceding three months. The rate of unemployment dropped from 8.3 to 8.2 percent mainly because fewer people were searching for jobs – and that rate depends on how many people are actively looking.
It's way too early to conclude the jobs recovery is stalling, but there's reason for concern.
Remember: Consumer spending is 70 percent of the economy. Employers won't hire without enough … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Week Ahead: Earnings Season

Posted: 06 Apr 2012 09:00 AM PDT

04/06/12 The upcoming trading week will bring a handful of key global economic data releases. Earnings season will finally kick off with Alcoa, JP Morgan and Wells Fargo reporting quarterly … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Japanese Yen Surges Against U.S. Dollar Following Dismal Jobs Report

Posted: 06 Apr 2012 06:45 AM PDT

Fundamental Headlines
- The Employment Situation – BLS
- Swiss Franc Showdown Looms as Jordan Defends SNB Ceiling – Bloomberg
- U.S. Not backing off as Iran Sanctions Bite – Reuters
- Breaking down U.S. Employment Report – WSJ
- Investors' Prying Eyes Blinded by New Law – WSJ
European Session Summary
Although U.S. equity markets were closed on Friday, one of the most important pieces of data for the U.S. economy was released regardless. Although price action was relatively muted in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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