Archive for December 14th, 2010

A Jobless Rate Tough To Crack Even With Expansion

Posted by Neal Lipschutz on December 14, 2010
Central Banks, Economy, Federal Reserve, U.S. Dollar, U.S. Treasurys, Wall Street, Washington / Comments Off

All we need are jobs.

The U.S. economy, as described by the U.S. Federal Reserve and based on incoming data such as mildly encouraging holiday shopping to date, is doing all right. There is growth. The haves (those with jobs) are a bit more confident they will stay employed and are therefore spending more.

The have nots without jobs remain in too high numbers.

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