Friday, September 02, 2011

PRECIOUS METALS: Gold Jumps Near Record On US Jobs Report - WSJ.com

The U.S. economy didn't add jobs for the first time in almost a year in August, according to a closely watched report from the Labor Department, the latest sign that growth in the world's largest economy is stumbling. Nonfarm payrolls were unchanged last month, as a decline in government sector employment cancelled out a modest gain in private-sector jobs. Economists had expected an increase of 80,000 jobs on the month.

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