The unemployment figures are out for June, and it's a mixed bag. ADP says private payrolls grew 176,000, well above the consensus estimate of 100,000. That was bolstered by an upwards revision of May to 133,000. However, the Labor Department's job figures were worse than expected. Only 80,000 nonfarm jobs were created.
The unemployment rate has remained at 8.2%. The U-6 rate is up to 15.1%,
Friday, 6 July 2012
Yet Another Mixed Unemployment Data Report
Posted on 08:15 by Unknown
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