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Disastrous job report will lead to QE3?

Disastrous job report will lead to QE3?

The August labor report revealed that 96000 jobs mainly in industries like construction, education, health services and hospitality were added to the US economy instead of the 130000 expected. Meanwhile unemployment dropped to 8.1 percent, which can be partly due to the fact that people stopped looking for jobs. Nevertheless the stock markets are doing surprisingly well. RT's Capital Account host Lauren Lyster explains why. Like us and/or follow us: twitter.com www.facebook.com
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