dreamstime_s_143730280
© Sergeyacros

SEEKING ALPHA reports:

– June nonfarm payrolls: +4.800M vs. +3.00M consensus and +2.699M previous (revised from +2.5M).

– Unemployment rate: 11.1% vs. 12.3% consensus and 13.3% previous.

– Labor force participation rate rose by 0.7 percentage points to 61.5%; it’s still 1.9 pp below its February level.

– Reflects continued resumption of economic activity that had been curtailed in March and April due to the coronavirus pandemic and efforts to contain it.

– Employment in leisure and hospitality rose sharply.

To read the full post, ...

Subscription Required

In order to view the entire article please either register an account and subscribe or login with a valid subscription below

Please Register

Please either or click register below to continue Register

COMMENTS 0