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June Unemployment Report

Friday, July 2, 2010 - 1:41 PM
Some opinions about today's BLS June Employement Report

From the Calculated Risk Blog:
Overall this was a weak report.

WSJ Real Time Economics Blog provided opinions from economists. Here are some excerpts.

From Stephen Stanley, Pierpoint Securities
I still see a full-blown double dip as a remote possibility at this point. Instead, I would look for a period of slower growth

From Dan Greenhaus, Miller Tabak
The bottom line is that job growth is ongoing, but the pace of growth is not nearly enough to meaningfully impact the unemployment rate in a sustainable manner.

Ken TuminKen Tumin5,472 posts since
Nov 29, 2009
Rep Points: 125,708