US Payrolls / Stimulus to Remain

US Payrolls
US payroll figures came out on Friday showing the smallest monthly cut in jobs since Aug 2008. This is reasonably positive as the trend seems to show a slowing in the rate of job shedding. The headline unemployment rate however hit a 26-year high of 9.7%

Stimulus Packages
The G-20 have agreed that stimulus packages must remain in place until the global economy shows clear signs of improving. Treasurer Swan has reiterated this sentiment in respect to stimulus packages in place in Australia. He wants long-term trend growth to be at 3%.