US (Un) Employment Figures Stinker
The latest US (un) employment figures were really bad, actually. The unemployment rate rose to 9.2% in June from 9.1% in May, while employees on nonfarm payrolls increased by only 18,000 (versus the consensus estimate of 100,000+). I never read too much into a single payroll report, but this one is quite bad. Also, the… [Read more]
