Blue Herald
06
Oct
JOBS DIP, STOCKS SLIP
by QuestionGirl • 10:53 am

added 51,000 jobs in last month, the fewest in almost a year and short of analysts’ expectations of 120,00.

Ahhhhhh, that’s quite a bad prediction…… y’all missed it by more than 50%.

The U.S. dollar rose Friday against the euro and the yen but slipped against the pound in European trading after a report that U.S. job growth slowed significantly in September.

The 12-nation euro bought $1.2632 in afternoon European trading, down from $1.2690 in New York late Thursday. The dollar also rose to 118.19 Japanese yen from 117.61 yen.

But the British pound edged up to $1.8790 from $1.8786.

The U.S. Labor Department reported that employers added 51,000 jobs in last month, the fewest in almost a year and short of analysts’ expectations of 120,000.

Read more at Forbes



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