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Weak Jobs Report May Spur Fed Action

The jobs market goes from bad to worse and everyone is in a tizzy over it, starting with Wall Street. Worse than anyone expected, nonfarm payrolls increased only 96,000 last month, which might be all the Fed needs to launch another round of quantitative easing.

The jobs market goes from bad to worse and everyone is in a tizzy over it, starting with Wall Street. Worse than anyone expected, nonfarm payrolls increased only 96,000 last month, which might be all the Fed needs to launch another round of quantitative easing.

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