FBC Markets Now September 6, 2013
Details, not so terrific. Rich peter the employment and down because 300,000 people left the work force. That cut the important Labor Force Participation rate to 63. 2 , the lowest level in 35 years. Employers reported they added 169,000 new jobs in august, slightly less than expected but the Labor Department revised down the number of jobs created in june and july by 74,000. The Federal Reserve has been waiting on this report to help it decide when and how much to take part, 85 billion a month in quantitative easing bond purchases and Research Note today, 4 of vice chair don combs said despit...