Another Good Jobs Number 2/5/16
It is jobs Friday and the Department of Labor says the economy added 151,000 jobs in January. The private sector added 158,000 jobs, government shed 7000. The unemployment rate dipped to 4.9%, the lowest level since February 2008. Wages increased 0.5%. All those are pretty good numbers.
The dollar index has been getting weaker the last few days. The greenback against a basket of six major international currencies is on track for its heaviest weekly loss since 2009. (Reuters)
With the big game on everyone’s mind there are new players competing to bring you NFL football action. Apple, Amazon, Google, and Verizon are among companies bidding for streaming rights to the NFL’s Thursday night package. (Variety)
Is this another sign of their end times? J.C. Penney selling its headquarters building in Plano, Texas in an effort to reduce debt and costs. J.C. Penney has occupied the three-story office building as its headquarters since 1992. (CNBC)
Join us this weekend for Financial Focus Radio, the truth in wealth building, when we will guide you through the MODA and Obama Care mess with our trusted health insurance expert Don Klipennes.
The S&P 500 is down 12 and the NASDAQ is down 32. The MSCI international index is down 0.5%.
Oil is up 25 cents at $32.00 a barrel.
Gold is up $2 at $1160 a Troy ounce.
With Northwest Quadrant Wealth Management a Registered Investment Advisor I am Troy Reinhart.
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