June Nonfarm Payrolls Reported At -125.000 / Unemployment Rate At 9.5%
Nonfarm payrolls fell 125.000 in June. The consensus was at -125.000, revised reading for May was an increase of 433.000. The unemployment was reported at 9.5% vs prior reading of 9.7% and consensus of 9.8%.
Nothing special in the report, meaningful new hiring nowhere to be found.
Chart 1. Nonfarm Payrolls & Unemployment Rate
Source: BLS
