Apr 19, 2012

The Labor Market Is Weakening

Rise in initial unemployment claims plus weak March payrolls confirms that labor market/economy is weakening. (Source: Roubini`s Twitter) Related, iShares Russell 2000 Index ETF (IWM) Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.