BlackRock: 3 Investing Takeaways From the Jobs Report
January 14, 2014 at 11:04 AM EST
Despite a big drop in the unemployment rate, last Friday’s non-farm payroll report was a huge disappointment. The unemployment rate drop was driven by more Americans leaving the workforce. As a result, the participation rate fell to 62.8%, tying a 35-year low set in October. Meanwhile, job...