September Jobs Report Out

Calendar October 5, 2007 | Posted by Jorge

September saw an increase in jobs by 110,000 but with a slight increase in unemployment from 4.6% to 4.7%. As of this morning, the market futures appear to be gaining ground on the solid jobs report. The question remaining is will we see a rate cut by the end of the year? If so, I would assume the market ramps up today pretty uniformly. If not, how hard will the financial sector be hit today?

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