2013-12-06npr.org

"It's a significant report for the Fed to decide whether to begin winding down its bond-buying stimulus program," NPR's Yuki Noguchi tells Morning Edition. "They've been buying $85 billion a month in mortgage-backed securities, which is basically like a money spigot, putting money back into the economy. And they've been debating when to turn that money spigot off."

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While the November jobs report is largely positive, MarketWatch notes that there are some caveats: "As many as one-fourth of the jobs created last month could reflect seasonal hiring that will dissipate after the holidays. And the number of long-term unemployed -- people out of work for at least six months -- was basically unchanged in November at 4.1 million''


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