Friday, 6 July 2012

June’s US Nonfarm Payrolls disappoint but no QE3 yet

June’s Nonfarm Payrolls were disappointing with both the headline and private sector numbers coming in below expectations. The unemployment rate was, at 8.2 percent, unchanged as expected. There was good news in the revisions for May. Private sector payrolls were revised up to 105,000 from 82,000. More >

Mike Lenhoff
Chief Strategist

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