Borrowing wisely and saving money

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Nonfarm payrolls increased 163,000 last month, the Labor Department said on Friday, breaking three straight months of jobs gains of 100,000 and offers hope for the ailing economy.The increase in wage and salary last month confirming the drop in employment growth in the second quarter was mainly, especially for an unusually warm winter to the front forward setting in the first months of the year, economists said.

Construction employment dipped 1st Despite an increase in housing construction. Factory payrolls increased 25th held mainly because fewer layoffs in the automotive industry as a manufacturer production lines running throughout the month.

U.S. Employers hired the most workers held in five months in July, but a rise in the unemployment to 8.3 per cent prospect of further monetary stimulus from the Federal Reserve on the table. Continue reading