PVG Market In A Minute – August 9, 2016
PVG Admin
August 8, 2016
The market reacted very positively to the Employment report last Friday. The market liked the 255,000 new jobs, however the report appears to be inflated. There is an adjustment made by the Department of Labor called the Birth-Death ratio, which is the net number of jobs provided from newly started businesses (births) and closings (deaths) during the period.
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Market in a Minute 2016-8-9