Social Issues Breaking News: Stocks Meander in Wake of Jobs Report

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Social Issues Breaking News: Stocks Meander in Wake of Jobs Report

Social Issues Breaking News: Stocks Meander in Wake of Jobs Report
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Social Issues Breaking News: Stocks Meander in Wake of Jobs Report

by Wochit 0:46 mins

Stocks wobbled as investors worried that a rise in United States jobs figures meant the Federal Reserve would rein in its monetary stimulus sooner rather than later. U.S. employers added a robust 195,000 jobs in June and many more in April and May than previously thought. The job growth raises hopes for a stronger economy in the second half of 2013. The share of American adults with jobs rose slightly in June, to 58.7 percent. That matches the highest level since the end of the recession, but remains well below the prevailing level before the recession.

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