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www.QuoteLoanRates.com - Five Best Quotes from Competing Lenders
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Glossary of Economic Terms |
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Unemployment Rate |
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This is the percent of the civilian labor force currently unemployed. If unemployment figures are up, it indicates a lack of expansion within the economy and is, therefore, good for the bond market. Conversely, a big gain in employment would be an obvious cue for the Federal Reserve to tighten (raise) either the federal funds rate or the discount rate. Bond Market Moves Up In Price.
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