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Friday, November 2, 2012

Financial news: 11/02/2012

• Bloomberg: Unemployment above 8% for 43 months in the Depression
• Fox Business:Aftermath of storm has NJ residents lining up for gas
• BLS: Labor force participation rate up 2 basis points in October
• ZH: R.E. recovery in doubt as demand tied to population & incomes
• CNN: Median wage of 742K new nursing jobs 02/10-09/12,  $32/hr
• AP: Economic data encouraging, but not enough to lower joblessness
• Money News: Businesses reluctant to hire despite soft recovery
• NYT: Pro-job creation law doubted amidst tax & spend gridlock
• Business Insider: Storm surge barrier for NYC would cost $7 bln
• Reuters: International leaders to discuss containing fiscal problems
• CNBC: German economic growth contracting per PIMCO CEO

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