Spread Betting on the U.S. Economy

237228 Resource 133529 120646 120646 1249653195646 1249653195646 Controlled U.S. Unemployment Rate Drops

Jobless rate falls to 9.4%

There is some hope amongst analysts that the U.S. unemployment rate will manage to avoid the dreaded double-digit rate. This hope has been refreshed today after the latest unemployment numbers showed a drop from 9.5% unemployment to 9.4%. The news comes as the official numbers for U.S. job losses in July come in. This news is surprising, as many thought that the unemployment rate would rise to 9.6%. The news shows that the rate of job loss is slowing, and may even be reversing. <a href="http://www.ft.com/cms/s/0/9b5ad536-834a-11de-a24e-00144feabdc0.html?ftcamp=rss&nclick_check=1" target="_blank" title="U.S. unemployment, U.S. economy, jobless rate, job loss, recession, employment">The Financial Times reports on the gathering optimism about the U.S. economy</a>: <blockquote> The slowing declines, combined with a small uptick in average weekly hours worked from June’s lows, means that redundancies may be in retreat, but “It’s another level of confidence that’s needed before hiring can begin again,” said Alan Ruskin, a strategist at RBS on Thursday. </blockquote> 9 application/xml false employment job loss jobless rate recession spread bets spread betting U.S. economy U.S. unemployment Spread Betting on the U.S. Economy News and information for placing spread bets http://www.gftuk.com/land/index.asp?aid=53 Mozilla/5.0 (Macintosh; U; Intel Mac OS X 10.5; en-US; rv:1.9.0.13) Gecko/2009073021 Firefox/3.0.13 GTB5 127.0.0.1 127.0.0.1 mmarquit 63.248.48.57 false true false false true 133529 blog blogsite/GFTUK/web