Employers Cut Jobs; Unemployment Rate Drops Friday, July 2, 11:06 AM ET
There are some closely watched economic indicators being released this morning.
The Labor Department on Friday morning announced that employers cut 125,000 jobs last month, the largest drop since October. The loss was mainly attributed to the end of 225,000 temporary Census jobs, and on a positive note, businesses added 83,000 workers to their payrolls, an improvement over May.
The unemployment rate also fell to 9.5 percent, the lowest level it has been at in nearly a year. However, this may be partly attributed to the fact that many workers have given up looking for work, and have left the labor force, and are thus not counted as unemployed.
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.
Thursday 5/24 Insider Buying Report: ANF, POL
Thursday 5/24 Insider Buying Report: BBY, RGR
Wednesday 5/23 Insider Buying Report: JBLU, CINF
Daily Market Wrap: May 24, 2012
Tiffany Announces Earnings
Daily Market Wrap: May 23, 2012
Analyst Moves: GDOT, HGSI
Analyst Moves: ACI, ARO
Analyst Moves: SBUX, NDSN
Thursday Sector Leaders: Hospital & Medical Practitioners, Airlines
Thursday Sector Laggards: Computer Peripherals, Semiconductors
Wednesday Sector Leaders: Water Utilities, Apparel Stores
Thursday's ETF with Unusual Volume: HAP
Thursday's ETF Movers: LATM, KWT
EWA, BZQ: Big ETF Outflows
Daily Dividend Report: MNRO, MCD, CTL, MCK, HNZ, POR
Daily Dividend Report: KFT, MRK, C, WRB, DCI
Daily Dividend Report: RL, ESV, HRL, TAP, DSW
Unemployment Rate Falls to 8.1%
Manufacturing Data: April 2, 2012
Inflation, Gasoline Prices Rise
Weekly Market Wrap: May 18, 2012
Weekly Market Wrap: May 11, 2012
Weekly Market Wrap: May 4, 2012
Week Ahead Market Report: May 21, 2012
Week Ahead Market Report: May 14, 2012
Week Ahead Report: May 7, 2012
