US added 213,000 jobs in June; unemployment rose to 4 pct.

Nice surprise. Let's see wage growth, that's the most important thing right now.

If wages increase more than they have been, and this fucking trade situation gets resolved, we'll have a real nice run.

But the clock is ticking, and markets won't wait much longer.
.
 
'U.S. employers kept up a brisk hiring pace in June by adding 213,000 jobs in a sign of confidence despite a looming trade war with China.

The Labor Department says the unemployment rate rose to 4.0 percent from 3.8 percent as more people began looking for work.'

US added 213,000 jobs in June; unemployment rose to 4 pct.

Interesting.
U.S. Hiring Strong in June; Unemployment Rate Rises as More Enter Labor Force

The increase in the jobless rate from May’s 3.8%, the lowest mark since April 2000, came as 601,000 Americans entered the labor force. Many of them were counted as unemployed because they hadn’t yet gotten the jobs they set out to find.

Labor-force participation rose in June for women, blacks and those with less than a college education. As a consequence, the unemployment rate for all three groups increased from historic lows. But a greater share of Latino Americans sought jobs last month—and found them. The Latino unemployment rate fell to a record low 4.6%.

What might be different now is the other aspects of the U.S. economy appear to be picking up steam. Forecasting firm Macroeconomic Advisers lifted its projection for the second-quarter economic growth rate to 4.9% Friday. Barclay’s projects a 5% rate.

5%....if that happens, Trump will blow up twitter like you've never seen...he will trumpet the shit out of that and in the new normal peoples faces....
 
What about Labor Participation Rate?

Why doesn’t Trump do something
 

Forum List

Back
Top