Wall Street ticks lower despite strong jobs data
John Edwards in support of raising the minimum wage by RICHIR
License (according to Flickr): Attribution License
License (according to Flickr): Attribution License
Employers added 171,000 people to their payrolls last month, the Labor Department said on Friday. The number outpaced forecasts, and the government also said 84,000 more jobs were created in August and September than initially estimated. Still, sustained job gains of this magnitude would only bring the unemployment rate down slowly.
Wall Street ticks lower despite strong jobs data
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Organization: Labor Department
Overall Sentiment: 0
Relevance: 0.961092
Organization: government
Overall Sentiment: 0.011679
Relevance: 0.674007
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- economy
- employment
- stocks
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Stocks edged lower on Friday, erasing earlier gains spurred by a stronger-than-expected payroll report, as they were pressured by weakness in energy and materials shares. Employers added 171,000 people to their payrolls last month, the Labor Department said on Friday.
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Wall Street ticks lower despite strong jobs data
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