-
The Employment Situation -- June 2022
Total nonfarm payroll employment rose by 372,000 in June, and the unemployment rate remained at 3.6 percent, the U.S. Bureau of Labor Statistics reported today. Notable job gains occurred in professional and business services, leisure and hospitality, and health care. This news release presents statistics from two monthly surveys. The household survey measures labor force status, including unemployment, by demographic characteristics. The establishment survey measures nonfarm employment, hours, and earnings by industry. For more information about the concepts and statistical methodology used in these two surveys, see ... (full story)
-
Wall Street Stunned As June Payrolls Unexpectedly Smash Expectations
With even permabull economists conceding that the US economy is slowing rapidly and today's payrolls report will show a big decline, moments ago the BLS confirmed yet again that the monthly payrolls number is nothing but a politically mandated homework assignment, when - at a time when US GDP is set to decline for two quarters in a row - it reported that in June US payrolls rose by 372K, smashing expectations of 268K, coming well above the whisper number of 245K, and trouncing Goldman's preferred payrolls range of 175-250K. Today's number was not only the 3rd consecutive beat to expectations, but the biggest beat ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Jul 8, 2022 8:31am Jul 8, 2022 8:31am
- Robert1991
- | Commercial Member | Joined Sep 2018 | 396 Comments
- Comment #2
- Quote
- Jul 8, 2022 8:33am Jul 8, 2022 8:33am
- hesron
- Joined Dec 2012 | Status: Member | 1919 Comments
- Comment #3
- Quote
- Jul 8, 2022 8:35am Jul 8, 2022 8:35am
- GnarlyPips
- | Joined Apr 2012 | Status: Toker | 55 Comments
- Comment #4
- Quote
- Edited 8:50am Jul 8, 2022 8:38am | Edited 8:50am
- hesron
- Joined Dec 2012 | Status: Member | 1919 Comments
- Comment #5
- Quote
- Jul 8, 2022 8:38am Jul 8, 2022 8:38am
- Guest
- | IP XXX.XXX.113.199
- Comment #6
- Quote
- Jul 8, 2022 8:38am Jul 8, 2022 8:38am
- donroyalfx
- | Commercial Member | Joined May 2019 | 157 Comments
- Comment #7
- Quote
- Jul 8, 2022 8:38am Jul 8, 2022 8:38am
- Ftmofx
- | Commercial Member | Joined Feb 2022 | 988 Comments
- Comment #8
- Quote
- Jul 8, 2022 8:47am Jul 8, 2022 8:47am
- mohasaad4
- | Joined Nov 2021 | Status: Member | 27 Comments
- Comment #9
- Quote
- Jul 8, 2022 8:48am Jul 8, 2022 8:48am
- Ftmofx
- | Commercial Member | Joined Feb 2022 | 988 Comments
- Comment #10
- Quote
- Edited 9:57am Jul 8, 2022 8:56am | Edited 9:57am
- jordanvic
- | Joined Jul 2020 | Status: Bro | 927 Comments
- Comment #11
- Quote
- Jul 8, 2022 8:59am Jul 8, 2022 8:59am
- Bakker
- Joined Jun 2011 | Status: Member | 3252 Comments
- Comment #12
- Quote
- Jul 8, 2022 9:07am Jul 8, 2022 9:07am
- NotAtrader
- Joined Oct 2016 | Status: NotAtrader, A Money Machine. | 3545 Comments
- Comment #13
- Quote
- Jul 8, 2022 9:22am Jul 8, 2022 9:22am
- Guest
- | IP XX.XX.27.202
- Comment #14
- Quote
- Jul 8, 2022 10:13am Jul 8, 2022 10:13am
- iefx
- | Joined Dec 2020 | Status: Member | 162 Comments
- Comment #15
- Quote
- Jul 8, 2022 11:10am Jul 8, 2022 11:10am
- NotAtrader
- Joined Oct 2016 | Status: NotAtrader, A Money Machine. | 3545 Comments
- Comment #16
- Quote
- Jul 8, 2022 11:15am Jul 8, 2022 11:15am
- donroyalfx
- | Commercial Member | Joined May 2019 | 157 Comments
- Comment #17
- Quote
- Jul 8, 2022 6:53pm Jul 8, 2022 6:53pm
- GnarlyPips
- | Joined Apr 2012 | Status: Toker | 55 Comments
- Comment #18
- Quote
- Jul 8, 2022 8:00pm Jul 8, 2022 8:00pm
- iefx
- | Joined Dec 2020 | Status: Member | 162 Comments