Friday, July 6, 2007

Strong jobs growth bodes well for economy

(Reuters) - Wages also grew and the work week lengthened while the national unemployment rate remained steady at a relatively low 4.5 percent, bolstering an impression that the economy was bouncing back from a lull at the start of the year.




"It is beginning to look as if the early-year economic malaise was really just the pause that refreshed," said economist Joel Naroff of Naroff Economic Advisors Inc. in Holland, Pennsylvania.


Read more at Reuters.com Business News

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