Non-farm payrolls rose far less than the 165,000 which economists polled by Bloomberg had expected and were well below the average 220,000 gain in the previous three months, the US labour department said.
http://link.ft.com/r/QM42II/
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Saturday, June 4, 2011
US jobs data escalate fears of double dip
US jobs data escalate fears of double dip The US economy added just 54,000 new jobs in May, confirming fears that the recovery has hit a soft patch as the unemployment rate ticked up to 9.1 per cent.
Non-farm payrolls rose far less than the 165,000 which economists polled by Bloomberg had expected and were well below the average 220,000 gain in the previous three months, the US labour department said.
http://link.ft.com/r/QM42II/
Non-farm payrolls rose far less than the 165,000 which economists polled by Bloomberg had expected and were well below the average 220,000 gain in the previous three months, the US labour department said.
http://link.ft.com/r/QM42II/
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