Friday, May 3, 2013

Jobs report shows improvement but behind the numbers............... Fewer hours worked and less income


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MarketWatch
 
Midday Report
MAY 03, 2013

Dark side to jobs report: Big drop in hours worked

By MarketWatch
 
Midday Report
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There was a dark side to the April jobs report: Total hours worked fell sharply, and the total amount of money earned by U.S. workers actually declined from the month before, Rex Nutting reports. See full story.
U.S. economy creates 165,000 jobs in April

The pace of hiring snapped back in April after a surprising dip in March, suggesting that job creation in the U.S. is holding steady despite a raft of signs pointing to a third straight midyear slowdown in the economy. See full story.
What should you teach your kids about money?

As pensions and job security erode, young people need financial education more than ever — but most aren't getting it. See full story.
Why is Doug Kass bearish on Buffett's Berkshire?

Thousands of Warren Buffett faithful will convene in Omaha, Neb. this weekend for Berkshire Hathaway's annual shareholder meeting. But one lone heretic intends to stand up among the loyal pilgrims and make his voice heard. See full story.
LinkedIn selloff fails to spook Wall Street

LinkedIn's weaker-than-expected outlook spooks investors, although many analysts say the miss is more of a hiccup given the social network's growth prospects. Several brokers raised their price targets on the stock. See full story.

As pensions and job security erode, young people need financial education more than ever — but most aren't getting it. See full story.
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