More Jobs, More Applause
Jerry Bowyer
Author, Entrepreneur, Financial Writer, Talk Show Host, Speaker
The Labor Department's household survey showed a robust gain of 277,000 jobs for November, while the narrower payroll survey - which measures corporate tallies instead of individual responses - posted a respectable increase of 132,000 jobs. The Dow Jones, Nasdaq, and S&P 500 each gained on the news, with the Dow adding nearly 30 points to its already near-record high and the S&P padding the six-year high it had just established.
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