Tag Archives: U.S. Department of Labor

A Strong US$ Makes “Mary” Happy!

The Bureau of Labor Statistics of the U.S. Labor Department posted an increase in job employment of 271,000 in October 2015 (compared to 142,000 in September), cutting down the unemployment rate to 5%, the lowest so far since 2008. Investment experts are now speculating that the said healthy labor market may trigger Federal Bank’s or “Fed” (U.S. Central Bank) decision to raise interest rates sometime in December next month. For economists, an increase in interest rates would mean many things to the economy. There are pluses and minuses, there will be winners and losers, depending on which part of the … Continue reading A Strong US$ Makes “Mary” Happy!