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‘Weak US jobs data not pointing towards downturn’

PUBLISHED ON: June 3, 2011 | Duration: 8 min, 24 sec

   
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Harm Bandholz, chief US economist at Unicredit Research says the weak US jobs data was an extremely bad report but discards the opinion that this is a beginning of a more pronounced downturn. He adds that this temporary setback is due to Japan supply disruptions and crude price hike.
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