Cusick’s Corner 10-05-2012 Midday
Under 8% — unemployment came under the 8% level which did surprise, that’s the lowest level in 3 years. Now some might wonder why the markets are not reacting more favorably, the devil is in the details — a large portion of the jobs that were added were part-time. The reality is that payrolls will have to start show 200K+ and be consistently over that level before employment will be considered back on track. The action is muted and the offensive segments, … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards
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