Saturday, July 7, 2012

Economists React: This Jobs Number ‘Stinks’

◼ Economists and others weigh in on the tepid gain in jobs in June and the unchanged unemployment rate. - Phil Izzo/Wall St. Journal

–The best description I can come up with for this report would a technical term: blah… At this point, I am inclined to believe that employers have simply gone into slumber mode — waiting for some clarity in fiscal and regulatory policy that will only come November 6. –Stephen Stanley, Pierpoint Securities

◼ 10 reasons why jobs market even worse than weak June employment report - Andrew Malcolm/IBD