HORRIBLE – Only 88,000 Jobs Added in March – Unemployment at 7.6% – Markets Plunge

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Labor force at 63.3%, lowest since 1979… SHOCKING – 90 Million Americans exit work force. Stock Futures Dive after jobs numbers released– the Futures Market was down before the numbers were released today. Then plunged after the news was announced. Unemployment rate drops only because people stopped looking for work. The AP reported: U.S. employers… Read more »

Financial markets haven’t freaked out over Cyprus. That doesn’t mean we’re in the clear.

Posted by & filed under Liberal Dribble.

First the good news: Financial markets have been relatively stable Monday, not really panicking over international authorities’ decision to force losses on those with deposits in Cyprus’s banks. Borrowing costs for Spain and Italy have risen only about 6/100 of a percent, the German stock markets are down about 1 percent, and the value of… Read more »