Weak Jobs Report Puts QE3-Pressure Back On Bernanke |
April 06, 2012 | April 2012 Bond Updates |
Friday?s jobs report definitely put a cap on market enthusiasm, suggesting the recovery remains tepid. Non-farm payrolls (NFP) added 120,000 jobs in March, well below the 200,000+ recorded over the last three months, indicating seasonal improvements (including warmer weather) , rather than a new phase of stronger job growth, underpins recent labor market strength. |
View more at: http://www.forbes.com/sites/afontevecchia/2012/04/06/weak-jobs-report-puts-qe3-pressure-back-on-bernanke/ |
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