US ADDS 1,15,000 JOBS IN APRIL.
The unemployment rate fell slightly to 8.1% from 8.2% in March this year.
Both the Nasdaq and the Standard & Poor's 500 had their worst week of the year,while markets in
London,Paris & Frankfurt closed almost 2% lower.
Meanwhile,the oil price continued to fall,with US Light crude dipping below $100 a barrel on concerns about the strength of the world's largest economy.The Federal Reserve expects economic growth of between 2.4% and 2.9% in 2012,with an unemployment rate of between 7.8% to 8% .
Source: BBC News Business.
The unemployment rate fell slightly to 8.1% from 8.2% in March this year.
Both the Nasdaq and the Standard & Poor's 500 had their worst week of the year,while markets in
London,Paris & Frankfurt closed almost 2% lower.
Meanwhile,the oil price continued to fall,with US Light crude dipping below $100 a barrel on concerns about the strength of the world's largest economy.The Federal Reserve expects economic growth of between 2.4% and 2.9% in 2012,with an unemployment rate of between 7.8% to 8% .
Source: BBC News Business.
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