Anemic Job Growth Stuns Experts, Fuels Economists' Fears

The ColumbianMarch 07, 2004

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NEW YORK -- The feeble job growth in the government's February employment report surprised economists and made the markets shudder, but the prospect of continued low interest rates softened the blow on Wall Street.

Stocks have surged as companies enjoy the increased borrowing power that comes with lower rates, and the economy seems to be improving steadily.

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Anemic Job Growth Stuns Experts, Fuels Economists' Fears

But the absence of new jobs has kept analysts from declaring a victory over the bear market. It's also deterred the Federal Reserve f...

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