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New jobs, low unemployment counter market correction

Posted by on | February 8, 2018 | No Comments

Although the media have focused on the recent stock market slump from historic highs, Market Watch ( MW) reports today that the U.S. economy added a healthy 200,000 new jobs in January and unemployment remains at a 17-year low of 4.1%, reflecting the best labor market in almost two decades. Headlining its article Jobless claims drop 9,000 to 221,000, remain near 45-year low, the report provides an overview and analysis.

The U.S. Department of Labor released the Unemployment Weekly Claims Report this morning.

The Motley Fool runs an instructive report titled, 6 Things You Should Know About a Stock Market Correction. Just weeks ago the Dow surged to an unprecedented 26,000.

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