US nonfarm payrolls rebound in June…

Banking, Company Profiles, Consumers Market, Jobs, Markets, Person Profiles, Reports, Statistics, Stock Markets — By on July 11, 2016 at 2:45 PM
New York

New York

Global Economic & Market Outlook – Focus Notes (Monday, July 11, 2016)

US nonfarm payrolls rebound in June, alleviating concerns for a broader slowdown in labor market conditions 

US nonfarm payrolls increased by a solid 287k in June (Figure 1), surpassing market expectations for a rise of 180k. The monthly gain was the strongest since October 2015, with a reversal of last month’s Verizon worker strike effect as telecom payrolls increased 28k after a loss of 32k in the prior month. Within the services sector, retail trade (+30k), education and health (+59k), professional and business services (+38k) and leisure and hospitality were all firm. Elsewhere, the goods sector grew 9k from -41k in May, with manufacturing payrolls adding 14k from – 16k in the prior month, while the construction sector remained unchanged after falling 16k in May.

Viewers can log herebelow and read the full report:

GLOBAL FOCUS NOTE_JULY11_US Payrolls

Tags: , ,

Leave a Reply

IMPORTANT! To be able to proceed, you need to solve the following simple math (so we know that you are a human) :-)

What is 5 + 12 ?
Please leave these two fields as-is:

Trackbacks

Leave a Trackback