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Politics : Liberalism: Do You Agree We've Had Enough of It?

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To: Kenneth E. Phillipps who wrote (85223)6/4/2010 8:51:37 AM
From: Hope Praytochange1 Recommendation  Read Replies (1) of 224655
 
Dow Jones Industrial Average futures were down 198 points recently at 10060, while Standard & Poor's 500 futures dropped 23 points to 1080 and Nasdaq Composite futures slid 41 points to 1857. Prior to the jobs data, Dow futures had been off about 70 points, S&P 500 futures were down 8 points and Nasdaq futures were down 15 points.
While the U.S. Labor Department's Friday report showed the U.S. economy added jobs in May at the fastest pace in a decade, the gains were inflated by temporary government hiring for the 2010 Census and were not enough to bring unemployment down much. Nonfarm payrolls rose by 431,000 last month, the largest gain since March 2000. That followed an unrevised 290,000 increase in April. But economists polled by Dow Jones Newswires were expecting payrolls to rise by an even higher 515,000.
In addition, the May figure was boosted by the hiring of 411,000 temporary workers for the decennial count of the U.S. population. Only 41,000 private- sector jobs were added.

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