Increases employement, is it good por US Economy and European situation?
The results of employement in US has been good. But the markets don't thik so. They are scare if FED increases its interests rate. And, how it affect us?
If FED increases its interests rate, euro/dolar rate will change. Perhaps the rate will arrive at 1.00 €/US$ and it'll be good for eurpean export. I live in Spain, which has the highest rate of unemployement, more of twenty five per cent. I've been in London few days ago, and I've seen waiters working in bars and restaurants very youngs. In Spain is unusual to see waiters younger than thirty. It's a sign that the employment market don't work efficiency. I hope the currency market help us!!
Marcos
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