Jobs Report Rains On Soft Spot Hopes!
by
Sy Harding
The Labor Department's employment report on Friday pretty much took the hope out of Washington and Wall Street's expectations that the economic slowdown in the first half of the year was just a soft spot that will quickly be replaced by strong growth in the current quarter and second half. The economy slowed to only 1.8% growth in the 1st quarter and economic reports have been even more dismal since, to say nothing of the Fed's QE2 stimulus program having expired at the end of June.
http://ezinearticles.com/?Jobs-Report-Rains-On-Soft-Spot-Hopes!
id=6411127 - Jul 08, 2011
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