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he Dow industrials ended slightly higher on Friday while the S&P 500 and the Nasdaq dipped as investors paused to consider conflicting signals in monthly U.S. jobs data.
The U.S. unemployment rate was the highest in 26 years, the government said on Friday, but the loss of 345,000 jobs in May, fewer than expected, was seen as a sign that the job market was no longer in free fall.
Stocks idled as investors began looking ahead to jobs numbers that may either add new fuel to the market's three-month rally or throw it into a speedy reverse.
You can't judge a job by its salary, and it seems the reverse is also true. You might never guess that some workers are taking home such sizable paychecks, so Forbes came up with a fun list of the most surprising six-figure jobs in the U.S.
Data from the U.S. Bureau of Labor Statistics' Occupational Employment and Wage Estimates was used to compile the list, and at least 10 percent of workers in each job must have earned more than $100,000 last year to make the cut. The 15 jobs Forbes deemed as surprisingly high-earners are below.
At a time of day when he'd ordinarily be rushing off to an afternoon meeting, or checking his e-mail for the 15th time, Perry Drake stood in jeans and a T-shirt in his backyard garden, deciding what to plant next in the spring sunshine.
The Obama administration's fiscal stimulus plan will meet previous estimates to save 3.5 million U.S. jobs by the end of 2010, but the unemployment rate at that time may be higher due to further deterioration in the economy, a senior administration official said on Monday.
The pace of private-sector U.S. job losses slowed dramatically last month, while future planned layoffs also declined, and the hard-hit housing sector showed signs of improvement last week.