US economy adds more jobs than forecasted; markets looking at the Fed’s reaction

Saturday, July 6th 2013 - 06:44 UTC

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The US economy added a net 195,000 new jobs in June, official figures show. The figure was well above economists' expectations of 165,000. Revisions to data for April and May added a further 70,000 jobs to previous estimates. This means the jobless rate remained steady at 7.6% of the workforce, according to data from the Bureau of Labour Statistics. Read full article

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ChrisR
Unemployment went up from 7.5% to 7.6% according to US government records.

This is just spin.
Jul 06th, 2013 - 03:04 pm - Link - Report abuse 0
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