U.S. jobs data boosts stocks, hits bonds

World stocks erased losses and Wall Street looked set for strong gains on Friday after a surprisingly robust U.S. jobs report pointed to recovering economic growth. The dollar firmed and bonds sold

U.S. non-farm payrolls fall a shock 11,000 in Nov

U.S. employers cut a far fewer-than-expected 11,000 jobs in November, the smallest decline since the start of the recession in December 2007, government data showed on Friday, strongly suggesting the deterioration in