None of that is likely to happen under the current government. In Washington, I'm John Dimsdale for Marketplace. The big entry on the market's calendar for the week was today's employment report for May. But while the government's survey of households today did show the country's unemployment rate falling to a 29-year low of 4.2 percent, investors took heart from a parallel survey of payrolls. Marketplace's Cynthia Ingle reports.
Financial analysts say yes.
The economy is pulling back a notch. The manufacturing sector is still being hit by the global economic crisis. This was due to the fact that we've had unusually warm weather. And the jobless rate for teens and women hit 30-year lows. All of this means that the job market continues to be tight.