(July 5) Today's Top Headlines - Jobs report shows positive growth - The Explorer: Today's Headlines

(July 5) Today's Top Headlines - Jobs report shows positive growth

Print
Font Size:
Default font size
Larger font size

Posted: Friday, July 5, 2013 9:33 am

According to a CNN report, as Wall Street has gyrated lately, Main Street economist Bill Hampel has watched with a bemused smile. Trade on, brethren. To the chief economist of the Credit Union National Association, the economy looks pretty steady and Friday's jobs report looks like more of the same — or a little better.

The government says the U.S. added 195,000 jobs in June. That is a good bit better than the 165,000 economists had projected and also a little better than the basically-bullish picture Hampel painted before the report. The unemployment rate stayed at 7.6%. No matter by how many trillions Wall Street changes derivatives' prices trying to guess the Federal Reserve's next move, the fundamentals look pretty good, he says.

© 2014 The Explorer. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Welcome to the discussion.

Kino College

Kino CollegeEnroll today: http://www.kinocollege.com/

MOS: Back To School

We asked the community about the new school semester starting.

Featured Videos

Spacer4px

Online poll

Loading…

Follow us on Facebook