Early headline -> Later this morning, the world will receive more shocking data about the state of the U.S. labor market.
This report is expected to show the economy lost 7.5 million jobs last month while the unemployment rate rose to 19.4%.
https://finance.yahoo.com/news/grea...-morning-brief-100352417.html?.tsrc=fin-notif
Reality!! Got to love the Trump economic machine!
May jobs report: US economy unexpectedly adds 2.5 million payrolls, unemployment rate falls to 13.3%
The May jobs report showed an unexpected rise in the number of non-farm payrolls in the economy and a drop in the unemployment rate from April.
The Labor Department released the May jobs report Friday at 8:30 a.m. ET. Here were the main results from the report, compared to Bloomberg consensus data:
This report is expected to show the economy lost 7.5 million jobs last month while the unemployment rate rose to 19.4%.
https://finance.yahoo.com/news/grea...-morning-brief-100352417.html?.tsrc=fin-notif
Reality!! Got to love the Trump economic machine!
May jobs report: US economy unexpectedly adds 2.5 million payrolls, unemployment rate falls to 13.3%
The May jobs report showed an unexpected rise in the number of non-farm payrolls in the economy and a drop in the unemployment rate from April.
The Labor Department released the May jobs report Friday at 8:30 a.m. ET. Here were the main results from the report, compared to Bloomberg consensus data:
- Change in non-farm payrolls: +2.509 million vs. -7.5 million expected
- Unemployment rate: 13.3% vs. 19.0% expected
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