Weak jobs reports set off another confidence crisis
Abstract:
The unexpectedly small 18,000 job gain in December threatens to destabilize the fragile financial market yet again and push buyer confidence even lower. By itself, one weak month of job growth is usually not so significant. But investors and business managers had been trying to conduct “business as normal”, hoping for no more bad news. Now it has happened.
Comments
No comments posted for this article yet
The unexpectedly small 18,000 job gain in December threatens to destabilize the fragile financial market yet again and push buyer confidence even lower. By itself, one weak month of job growth is usually not so significant. But investors and business managers had been trying to conduct “business as normal”, hoping for no more bad news. Now it has happened.