Upbeat jobs report sparks fears on Wall road about Fed price hike

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Upbeat jobs report sparks fears on Wall road about Fed price hike – CBS Information

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The U.S. added 390,000 jobs in Might and unemployment remained flat at 3.6%, in line with the newest jobs report from the Labor Division, however shares closed the week within the pink. CBS Information’ Elaine Quijano spoke with Lori Bettinger, president of BancAlliance and former director of the federal Troubled Asset Reduction Program, about how this impacts your paycheck.

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