Stocks Jump After Solid Hiring Gains
May10

Stocks Jump After Solid Hiring Gains

New York — The U.S. stock market had its best day in two months Friday following good news about the job market. The surge was enough to push two of the three major U.S indexes to gains for the week. Investors were encouraged that U.S. employers added 223,000 jobs in April, a solid gain suggesting that the economy may be recovering after a stumbling start to the year. While the jobs report is always closely watched, April’s survey...

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Most Paychecks Have Yet to Feel The Recovery

The winter of our jobs discontent is over, and the recovery is back to chugging along like it was before. That’s the good and bad news. Before we get to it, though, let’s rewind a little bit. At the end of last year, it looked like the recovery was finally starting to hit a higher gear when it added an average of 324,000 jobs a month. But just as this had begun, it was over. The stronger dollar made our exports less competitive, and...

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