The August Jobs Report:
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, 09-07-2012 at 08:47 AM (1809 Views)
The August Jobs Report: 96,000 jobs were created vs. 125,000 estimated. The unemployment rate dropped to 8.1% after 368,000 Americans left the labor force. The labor force participation rate hit 63.5%, the lowest since September 1981. The June and July numbers were revised down a total of about 20,000 jobs. (More)
This "could" be a bad news is good news situations because the Fed gets together at the FOMC meeting next week to discuss QE3.