(no subject)
"The bottom line for today’s report is 'more of the same,'" Dan Greenhaus, chief global strategist at BTIG, a market maker, wrote in an email to clients. "Wage growth is weak, job creation is relatively weak and, perhaps most worrisome, appears to be slowing." The unemployment rate has come down from 10% in October 2009 at the height of the financial crisis, but the jobs data released since then have been mixed. In recent months, whenever the unemployment rate has ticked lower, a primary reason for the reduction has been that thousands of Americans leaving the workforce out of frustration they can’t find a job.