June US Unemployment Rate up to 9.2%; only 18,000 Jobs added!

by Guest Fri Jul 08, 2011 9:43 am

THE EMPLOYMENT SITUATION -- JUNE 2011

Nonfarm payroll employment was essentially unchanged in June (+18,000), and the
unemployment rate was little changed at 9.2 percent, the U.S. Bureau of Labor
Statistics reported today. Employment in most major private-sector industries
changed little over the month. Government employment continued to trend down.

http://www.bls.gov/news.release/empsit.nr0.htm

by Guest Fri Jul 08, 2011 9:51 am

The Labor Department's employment report, released this morning, showed the unemployment rate increased to 9.2 percent, with employers adding 18,000 jobs in June.

http://tinyurl.com/3oedyvr

by **Jobless_in_Ma** Fri Jul 08, 2011 9:54 am

20 million vs 18k jobs hmm. This is quite the recovery we are seeing here.

by **Jobless_in_Ma** Fri Jul 08, 2011 9:55 am

The unemployment rate in May was 9.1 percent, after nonfarm payroll employment grew by a modest 54,000 jobs, which the Labor Department revised down to 25,000; much fewer than the 110,000 jobs economists expected to be added.

by Guest Fri Jul 08, 2011 9:58 am

Jobless_in_Ma wrote:
The unemployment rate in May was 9.1 percent, after nonfarm payroll employment grew by a modest 54,000 jobs, which the Labor Department revised down to 25,000; much fewer than the 110,000 jobs economists expected to be added.

Saw that report yesterday from ADP, they were predicting major job growth. On that prediction, the market rose. It isn't "fuzzy math", it is "market manipulation"!