This is just strange. Not profound, just strange. The same
newspaper on the same day carries two headlines on the same subject:
href="http://www.nytimes.com/2007/02/02/business/02cnd-jobs.html?ex=1328072400&en=c3b7312ad38409ce&ei=5090&partner=rssuserland&emc=rss">
Jobs Growth Slows but Remains Strong
href="http://www.nytimes.com/aponline/business/AP-Wall-Street.html?ex=1256184000&en=f75f0bb8b4799a79&ei=5090&partner=rssuserland">Stocks
End Mixed on Lackluster Jobs Data
Jobs Growth Slows but Remains Strong
By JEREMY W. PETERS
Published: February 2, 2007
Employers across the nation added 111,000 jobs last month, a pullback
from the pace of previous months but still enough to sustain the recent
trend of steady strength in the labor markets, the government reported
today...
Stocks End Mixed on Lackluster Jobs Data
By THE ASSOCIATED PRESS
Published: February 2, 2007
Filed at 7:10 p.m. ET
NEW YORK (AP) -- Wall Street ended a strong week narrowly mixed Friday
after the market absorbed a weaker-than-expected employment report that
curbed investors' bullish sentiment following three days of straight
gains.
The January jobs report, which showed the country's unemployment rate
at a four-month high of 4.6 percent, came as a surprise on Wall Street.
A reading of 4.5 percent had been expected. The Labor Department report
signaled employers were more cautious than expected in adding jobs in
the new year. The economy added 111,000 jobs last month, below the
150,000 that had been expected...
"The Government" reported that the job growth is "enough," but
investors seem to think otherwise. "The Government" deals in
perception. Investors deal in money. Which do you believe?
- Log in to post comments