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Friday, October 5, 2012

Personal Finance Daily: A closer look at the jobs report

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MarketWatch
Personal Finance Daily
OCTOBER 05, 2012

Friday's Personal Finance Stories

By MarketWatch

Personal Finance Daily
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Don't miss these top stories:

The unemployment rate fell below 8% for the first time in more than three years, according to Friday's jobs report. Take a closer look at what the numbers really mean in today's stories and charts.

Plus, read Ruth Mantell's column about how in-person contact can win you a job, and learn about five not-so-obvious jobs that are set to take off.

Also in today's Personal Finance pages, learn the five "Obama stocks" and five "Romney stocks" voters might want for their portfolio. Also, check out a story on 10 of Las Vegas's classic deals — from cheap steak dinners to bargain comedy shows — and discover whether they're worth it or not.

Amy Hoak , assistant editor

Jobless rate falls to 7.8%, lowest since 2009

The U.S. created 114,000 new jobs in September, but the unemployment rate fell below 8% for the first time since January 2009 in a potential jolt to the presidential race.
Jobless rate falls to 7.8%, lowest since 2009.


Cooking the books? See the charts on jobs report

See the charts from the Labor Department's latest — and controversial — employment report.
Cooking the books? See the charts on jobs report.


How in-person contact can win you the job you want

Conventional wisdom says that meeting people in person is important for career advancement.
How in-person contact can win you the job you want.


5 not-so-obvious jobs set to take off

Hiring is expected to soar for these positions over the next several years.
5 not-so-obvious jobs set to take off.


The jobs report Obama has been waiting for

This is the jobs report President Barack Obama has been waiting for.
The jobs report Obama has been waiting for.


10 cheap Las Vegas attractions: Worth it or not?

MarketWatch sizes up some of Las Vegas's classic deals, including $2.99 shrimp cocktails and $100-a-night time-shares. Are they worth it or not?
10 cheap Las Vegas attractions: Worth it or not?


Tracking down hot holiday toys

Retailers are battling for the attention of early shoppers. The best strategy for consumers.
Tracking down hot holiday toys.


Real-estate agents get cheated too (don't cheer)

Real-estate professionals are often painted with a broad brush, and the colors aren't too appealing. Many realty pros are honest and hard-working, but lots of consumers don't see it that way, Lew Sichelman writes.
Real-estate agents get cheated too (don't cheer).


Banks pump up perks to lure wealthy home buyers

It's the high-end version of a free toaster for opening a bank account: To entice wealthy customers to take out large home loans, a growing number of banks are offering perks worth tens of thousands of dollars.
Banks pump up perks to lure wealthy home buyers.


ECONOMY AND POLITICS

'Treat this as a good number' — and more reactions

Here are some reactions after the Labor Department reported 114,000 jobs created in September and a drop in the unemployment rate to 7.8%.
'Treat this as a good number' — and more reactions.


De Guindos: Spain does not need a bailout

Spanish Finance Minister Luis de Guindos said Thursday that the country does not require a bailout, and must reduce the size of its budget deficit.
De Guindos: Spain does not need a bailout.


Bank of Japan stands pat despite pressure

The Bank of Japan leaves its asset-purchase program and interest-rate target unchanged, resisting pressure from the government to do more to pull the country from an era of falling prices.
Bank of Japan stands pat despite pressure.


INVESTING

5 Obama, 5 Romney stocks for voters' portfolios

Investing with an eye to the next administration can be tricky. And assumptions about which party is better for stocks could be hazardous as well. Still, there are "Obama stocks'" and "Romney stocks" to consider.
5 Obama, 5 Romney stocks for voters' portfolios.


Stock investors: Don't fight QE3 in Q4

The U.S. stock market will likely push to all-time highs in the next three-to-six months. Central banks have the spigots wide open, and the market appears to be signaling that President Barack Obama will win another term, says Jeffrey Hirsch, editor-in-chief of the Stock Trader's Almanac.
Stock investors: Don't fight QE3 in Q4.


Apple's fine post-Jobs, but what's next?

There is no doubt that Apple has changed in the year since its co-founder Steve Jobs died last year. CEO Tim Cook has ably led the company, which is doing just fine in the post-Jobs era. But long-term, what is its next act?
Apple's fine post-Jobs, but what's next?


Steve Jobs: What else might he have done?

Steve Jobs might have changed everything from medicine to media by applying technology to challenges, writes media columnist Jon Friedman
Steve Jobs: What else might he have done?


Cash is king over stocks, bonds and REITs

Investors: It's time to raise cash, says investment adviser John Coumarianos. He expects to see better buying opportunities for stocks and bonds.
Cash is king over stocks, bonds and REITs.


H-P missed the boat, Whitman can't change that

Investors must realize that a turnaround of Hewlett-Packard Co. in its current form is not within Meg Whitman's grasp.
H-P missed the boat, Whitman can't change that.


A broken-down airline for a broken-down nation

American Airlines is bankrupt and can't seem to keep its planes together, and it is the perfect microcosm for the once-great nation of America, writes Al Lewis.
A broken-down airline for a broken-down nation.


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