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Monday, May 5, 2014

Shocking US jobs data impugns recovery, Fed tapering:


Shocking US jobs data impugns recovery, Fed tapering:
Non-Farm Payrolls data released on Friday shows that the workforce shed 806,000 jobs in April, a stunning drop that cannot plausibly be blamed on the weather. Wage growth and hours worked were both flat and the manufacturing hours per week fell.

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