Friday, April 1, 2011

4/1/11: White House Press Briefing

US Stocks Rise On Jobs Optimism;

DJIA Touches Multi-year High

April-01-2011--NEW YORK --The Dow Jones Industrial Average kicked off a new quarter by touching the highest level since the summer of 2008, as investors were heartened by signs of stronger job creation in the US and the lowest unemployment rate in two years.

A better-than-expected report on U.S. nonfarm payrolls, a reduction in the U.S. unemployment rate to 8.8% from 8.9%, and Institute for Supply Management data showing manufacturing in expansion mode put investors on the offensive on Friday.--Stocks Rally on March Job Gains

US STOCKS-Wall St ends up on solid job figures

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Unemployment Rate Falls to 8.8 Pct, Two-year Low

8.8 »

Payrolls climb to 216000,

jobless rate 8.8%

April-01-2011--WASHINGTON - Nonfarm payrolls grew by a seasonally adjusted 216000 in March, their fastest pace since last May, the Labor Department said Friday, in an indication of an improving labor market.

According to the survey of 400,000 business establishments, private-sector payrolls increased by 230,000 jobs after rising by 240,000 in February, marking the first time that private-sector job gains have been over 200,000 for two straight months in five years.

Video: Unemployment Rate Falls to 8.8 Pct, Two-year Low

Unemployment Sinks to Two-Year Low

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http://government-mortgage-relief.blogspot.com

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