SCOREBOARD: Job raise

Wall Street continued its steady march upward after strong unemployment data, while growth talk bolstered European markets.

Comments on this article

Comments Policy
Ken not available,

Adam, the Australian bears are all going to die. Their cave is collapsing, if only we could wake them up. They just can't understand American :)

ed shann,

Adam, you are obviously aiming at a political career. Cut the abuse and analyse the data. Hours worked have hardly risen over the last year or six months in trend terms and as you no doubt know it is much safer to use the trend numbers than the votatile seasonally adjusted series. Output may be growing at trend, but hours worked are certainly not. Could it be output could grow faster than trend without causing inflation pressures because of the sectoral shift in output towards resource related sectors that employ few people.