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