Jan 5, 2012

Marketplace Index for Thursday, January 5, 2012

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Today, ADP reported the biggest jump in new hires it has ever seen: 325,000 new jobs in December. Could that be a sign the economy is coming out of its stupor? Joel Prakken of Macroeconomic Advisors thinks so. He says today's number gives hope that the economy is finally picking up the pace of its recovery. The Daily Pulse is down today on news that despite record-low interest rates, rental vacancies are at a 10-year low of just 5.2 percent.

Segments From this episode

Jobs surge

Jan 5, 2012
Today, ADP reported the biggest jump in new hires it has ever seen: 325,000 new jobs in December. Could that be a sign the economy is coming out of its stupor?

Americans choose renting

Jan 5, 2012
Despite record-low mortgage rates, Americans are yet to wade back into home-ownership.

Today, ADP reported the biggest jump in new hires it has ever seen: 325,000 new jobs in December. Could that be a sign the economy is coming out of its stupor? Joel Prakken of Macroeconomic Advisors thinks so. He says today’s number gives hope that the economy is finally picking up the pace of its recovery. The Daily Pulse is down today on news that despite record-low interest rates, rental vacancies are at a 10-year low of just 5.2 percent.