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Wednesday, September 14, 2011

municipal bond funds outlook 2011

municipal bond funds outlook 2011 ; the unemployment report was really impressive. The reported decline of 533,000 jobs lost in November was significantly higher than the 350,000 average estimated by many economists and our own estimate of 300,000 to 400,000 for the month. This level of loss monthly employment is higher than that experienced in the last recession of 2001-02 and the rivals of the worst recessions in the postwar period.

In addition, loss jobs previously recorded for the months of September and October were revised sharply downward to the average levels of more than 350,000 during the two months, 100,000 more than the average reported above. Therefore, the labor market, like much of the rest of the U.S. and international economies has fallen sharply and precipitously since last summer read more tax-free-saving-account.biz

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