While the headline 206,000 jobs added topped forecasts, other data suggests some weakness. May’s job gain was revised down to 218,000 from 272,000. In addition April’s originally reported job gain of 165,000 was revised down to 108,000. Taking the three months together shows an average job gain of 177,000 versus 249,000 for the prior quarter.
ABOUT AUTHOR
CATEGORIES
- Italy’s Eni and BP resume onshore drilling in Libya after a 10-year break, reports NOC By Reuters
- Nagel from the ECB warns against Reuters’ decision on interest rates being too hasty
- REC Q2 Results: Net profit grew 6.5% year-on-year at Rs 4,038 crore; A dividend of Rs 4 per share was declared
- Italian police arrest four people over alleged illegal access to databases, reports By Reuters
- Russian missile attack kills three people in Dnieper, Ukraine; hits houses, medical building By Reuters
- China expresses concern about tariffs, sanctions at US meeting Via Reuters
- Alibaba will pay $433.5 million to settle shareholder lawsuit over Reuters monopoly claims