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The Dow Jones Drops 100 Points as Investors Prep for Worst Jobs Report in a Decade

The Dow Jones Industrial Average lost more than 100 points out the gate this morning, investors preparing for higher unemployment levels in the United States. Yesterday, the Labor Department said that more than 6.3 million people applied for unemployment benefits. Today, the official jobs report was off in terms of reality. The official rate jumped from 3.5% to 4.4%. However, private reports suggest that the real rate is somewhere north of 10%. Read more... Tags: dow jones today To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and visitors become smarter, more confident investors. Disclaimer: © 2020 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post The Dow Jones Drops 100 Points as Investors Prep for Worst Jobs Report in a Decade appeared first on Money Morning - We Make Investing Profitable .
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