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US Unemployment Rate Hits 14 Year Highs, But Rate Speculation Drives FX and Equities

Discussion in 'Fundamental Analysis' started by ActionForex.com, Nov 7, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    Half a million jobs were lost in the US economy over the past 2 months, driving the unemployment rate to a 14 year high. Even though October non-farm payrolls fell short of our -300k expectation, the 240k drop and the revision from -159k to -284k for the month of September...

    complete article here...

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