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Monday, December 09, 2013

Fed Pullback More Likely As Economy Adds 203,000 Jobs

The Labor Department reported the economy added 203,000 jobs in November, in line with the progress of recent months.

Overall, the economy should be stronger in 2014, permitting the Federal Reserve to ease back on monthly bond purchases and let longer term interest rates rise modestly.

These purchases of government securities lowered mortgage rates and made home buying easier. These have helped push up housing values — and stock prices, too. These have had their desired effect, and now new ways to stimulate the economy must be found.

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6 comments:

  1. AnonymousDecember 9, 2013 at 1:26 PM

    Time to stop giving the banks our tax dollars!

    ReplyDelete
  2. AnonymousDecember 9, 2013 at 2:03 PM

    part time jobs for the holidays. but let's not talk about the full time jobs that were lost .

    ReplyDelete
  3. AnonymousDecember 9, 2013 at 4:53 PM

    does anyone on this blog honestly believe Any government reports? if you do you're numb, deceived, clueless, foolish, and blind...you probably wouldn't know Truth if it slapped you in the face.

    ReplyDelete
  4. AnonymousDecember 9, 2013 at 5:05 PM

    to get the TRUTH: read "Jobs Report is a Fraud" by Wayne Allyn Root on theBlaze.com

    ReplyDelete
  5. AnonymousDecember 9, 2013 at 5:44 PM

    Part time job in Salisbury in September ...already lost one day a week this past week and it isn't even the middle of December. Tell me this country isn't fudging the numbers!!

    ReplyDelete
  6. AnonymousDecember 9, 2013 at 6:20 PM

    41% of these jobs in November was government jobs--government jobs produce nothing, and are funded by TAXPAYERS...how many taxpayer jobs go to support one government job??? 10? 20?? 30 or more?

    ReplyDelete

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