Relevant:
- Fed maintains bond-buying stimulus
- Strong jobs report has Fed on track to taper stimulus, analysts say
- Jobs Expand by 151,000, Unemployment Steady at 9.6%; Birth-Death Methodology Changes for the Better; Reflections on the Numbers
- International Demand for Long-Term U.S. Assets Falls
- S&P 500 ends at record as [dismal] jobs report eases Fed worries
2013-12-06 — npr.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."
...
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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