Markets & Economy

Positive jobs report raises odds of Fed pullback

Economy adds 195,000 nonpayroll jobs in June, beating expectations
Published on Jul 5, 2013

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by CareyBot

The economy added more jobs in June than expected, making it unlikely that the Federal Reserve might delay plans to begin tapering its stimulus program later this year. According to the Bureau of Labor Statistics, employment increased by 195,000 nonpayroll jobs ...