Unemployment & Payrolls Going The Wrong Way, Very Wrong Way!

[24/7 Wall St.]

24/7 Wall St. Daily News

The most recent job creation data from ADP was a total head-fake.* The Labor Department has just released its June unemployment and jobs data, and it is dismal.* The June unemployment rate has just ticked up to 9.2% from 9.1% in May and the payrolls creation was a mere 18,000. Consensus estimates were 9.1% for [...]

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