US jobs figure validate expectations that Fed stimulus will continue until 2014

Tuesday, October 22nd 2013 - 23:56 UTC

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US stocks climbed on Tuesday pushing the S&P 500 to a new intraday record, after weaker-than-expected job creation last month validated expectations the Federal Reserve will maintain its economic stimulus into next year. Read full article

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DanyBerger
“with the unemployment rate dropping a tenth of a percentage point to 7.2%, the lowest level since November 2008”

Meanwhile in the real world real unemployment in US is the double of what is reported.

Total Unemployment figure 13.6% and cooked by the Obamaboso US BLS.
Oct 23rd, 2013 - 04:08 am - Link - Report abuse 0
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