KQEH Nightly Business Report July 4, 2014
A strengthening u. S. Economy. For the First Time Ever the dow industrial average broke through the 17,000 milestone after news the economy added more workers, pushing the jobless rate to the lowest level in nearly six years. Employers added 288,000 jobs last month, the fifth straight monthly gain of more than 200,000 sending the Unemployment Rate this time around to just 6. 1 . Average wages are rising by 6 cents an hour. With the markets closing at 1 00 p. M. Eastern time ahead of the july 4th holiday, investors rallied. The dow was up 92 points at the close, a new record high of 17,068. The...