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US Unemployment Rate Sees Surprise Fall The US unemployment rate fell unexpectedly to 9.4% in July as job losses in the month narrowed to 247,000, official figures show. The Labor Department figures, seen as a key indicator of economic mo... Big News NetworkOil price slips as US dollar firms CRUDE oil futures fell slightly, kept in check as the US dollar rose after a report showed a drop in america's unemployment rate. The AustralianAlert-16:34 (Est) ACM Precious Metals Analysis: Gold Falls as Dollar Surges across the Board after Payrolls Surprise Nonfarm payrolls dropped to -247k vs -320k forecasted, while unemployment edged down to 9.4% vs consensus 9.6%. Unemployment rate dropped for the first time since April 08. The job figures boosted equity markets as the Dow surged 157pts or 1.7%. The dollar jumped against major currencies after the release. A firmer dollar weighed on gold as the precious metal slipped $6oz or 0.6% to $956oz. We... Alerts FeedA NEW ERA DAWNS PLEASE HOLD THE APPLAUSE Optimists will seize on todays news that the unemployment rate slipped last month for the first time in more than a year... Mr. SwingStocks jump after better news on unemployment Stocks rose Friday after the government's July jobs report showed job losses were less than expected and the unemployment rate ... USATODAYThe Venture Capitalists Who Aren't Jerks We take a look at some of the top-rated venture capitalists on TheFunded.com, which lets entrepreneurs rant about VCs. WSJExcellent Intraday Three Push Example Aug 7Mr. Swing Market Snapshot: U.S. stocks turn to Fed, retail earnings News that the rate of job losses slowed more than expected in July might help U.S. stocks continue on their merry way higher next week, as the Federal Reserve will hold a two-day meeting whose conclusion is likely to reflect current market confidence about the economy. Market WatchU.S. Stocks Turn To Fed, Retail Earnings News that the rate of job losses slowed more than expected in July might help U.S. stocks continue on their merry way higher next week, as the Federal Reserve will hold a two-day meeting whose concl... bignewsnetwork.comPayrolls fall less than expected; July unemployment rate drops Employers shed 247,000 jobs in July, fewest in nearly a year, bolstering forecasts for a third-quarter economic recovery. USATODAY1 2 3 4 5 |
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