The Dow jumped skyward on Wednesday as stocks rallied around the globe on a stream of strong economic news, both abroad and in the U.S. A less anxious outlook for European sovereign debt also helped.
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ADP reported the biggest private sector job gain in three years, and it revised October’s total to 82,000 — nearly double the initial estimate. A retrenchment is always possible, but it now appears that the long period of job …
ADP reported the biggest private sector job gain in three years, and it revised October’s total to 82,000 — nearly double the initial estimate. A retrenchment is always possible, but it now appears that the long period of job …
When it comes to economic jargon there may be no more aggravating or seemingly contradictory phrase than “jobless recovery.” What good is a recovery if it doesn’t put people back to work? DailyFinance explains this oxymoronic state of affairs. [Video]
Continue reading Street Smart: What the Heck Is a Jobless Recovery? [Video]
Street Smart: What the Heck Is a Jobless Recovery? [Video] originally appeared on DailyFinance on Mon, 29 Nov 2010 12:50:00.
Filed Under: Economy, UPS, Careers, Video, Ask an Expert, Streetwise
When it comes to economic jargon there may be no more aggravating or seemingly contradictory phrase than “jobless recovery.” What good is a recovery if it doesn’t put people back to work? DailyFinance explains this oxymoronic state of affairs. [Video]
Continue reading Street Smart: What the Heck Is a Jobless Recovery? [Video]
Street Smart: What the Heck Is a Jobless Recovery? [Video] originally appeared on DailyFinance on Mon, 29 Nov 2010 12:50:00.
Filed Under: Economy, UPS, Careers, Video, Ask an Expert, Streetwise