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US jobs report eases fears of double-dip: Bank of Tokyo

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  • Published On: January 07, 2011
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Chris Rupkey, chief financial economist at Bank of Tokyo/Mitsubishi UFJ, says the US unemployment rate coming down marginally is good news. The US economy has created 175,000 new jobs - that's not bad and in all likeability it may cross to 200,000, he adds. Looking at jobs data, he feels there will be no double-dip recession.
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