The Traderszone Network

Published in TZ Latest News 28 July, 2015 by The TZ Newswire Staff

As Fed approaches rate hike, job growth shifts away from oil patch

The rebound in U.S. jobs, limited in the early part of the recovery to a handful of booming industries such as oil, has broadened across the country as old-line industrial areas such as Michigan and sun belt hubs like Florida pick up the slack. A Reuters analysis of state-level data shows recovery in jobs has been spreading across the country and industries, helping offset the reversal in fortunes in some oil patch states.

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