Friday, December 5, 2014

Non-farm employment surged, tiny improvement in trade balance deficit

An astonishing 321 thousand new jobs were created in November according to official government figures. The ADP report out two days ago only predicted 208 thousand new jobs last month.

However, the trade balance deficit narrowed to -43.4 billion compared to -41.3 billion predicted by economists. This is a tiny improvement from October`s -43.6 billion.

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