Wednesday, May 12, 2010

The American consumer leads us out of most recessions. This cycle may follow suit. The Bureau of Labor Statistics tells us that employment rose for the second consecutive month in April. These new hires will spend, and they will help us grow our way out of this recession. http://www.bls.gov/news.release/empsit.nr0.htm

Increased employment is good news for stocks - until the difficulties in Europe spread accross the Atlantic.

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