Zoocap

The first employment report of the year has surfaced, and investors’ fears about the fate of the US economy are growing. ING Bank’s Rob Carnell wrote, “Continuing employemployment growth is about all that is preventing us from thinking that the US slowdown will be a recession,”. The US private sector added 40,000 jobs in December, and planned 2007 job cuts were 805% lower than in 2006, which is hopeful.

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