To Read The Whole Article Please Go To Pangea Market Advisory
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Friday, November 6, 2009
Employment Data Diffuses to Stalled Weakness
The obvious truism is that turning monthly job losses into gains means getting firms to hire and the Diffusion Index shows that along those lines the number of firms adding workers has only managed to improve to levels equal to the lows of previous post-war recessions.
To Read The Whole Article Please Go To Pangea Market Advisory
To Read The Whole Article Please Go To Pangea Market Advisory
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The thing is that GDP and unemployment figures are highly "padded" and all they want to try and tell thepublic is to buy more of their debt as otherwise they'd have to file under Chapter 11.
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