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It is a sign the labor market is not strong. Is more easing on its way?
I guess so if the economy cannot produce more jobs.
It should be good news for the markets. Bad news for those seeking a job.
George Dagnino, PhD
Editor, The Peter Dag Portfolio. Since 1977
Ranked best market timer in the 12 and 6 months ending 8/20/10 by Timer Digest
To find out more about my in depth views of the markets and my strategy just visit our website https://www.peterdag.com/ where you can subscribe to The Peter Dag Portfolio. You can also call me at 1-800-833-2782 to discuss your specific investment portfolio.
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3 comments:
I can't believe that American economy can't produce more jobs! Take a look around and you will see so many new companies, enterprises, firms that develop and grow. What about online jobs? There are plenty of them! So I don't really know how to explain the following unemployment rate. Job seekers may apply to best resume providers in New York and get perfect resumes that can help to find good jobs. I'm sure that there is a job for every one looking for it!
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