Employment Report (May 2008) |
|
• The nonfarm payroll decreased by 49K jobs. Over the past five months, it has accumulated a net lost of 324K. • Construction led the way down in May, shedding 34K jobs. Manufacturing payroll went down by 26K jobs. • Government services added 17K jobs; however, employment in private services declined by 9K as significant losses in transportation, retail, and professional and business services were partially compensated by expected job creation in education, healthcare and leisure. • Average
Filed under: Fundamental
Latest Posts
- BoE and ECB: Will they Under or Over Deliver?
- Japan CAPEX highlights ongoing weakness in capital spending
- The US dollar traded stronger against a basket of currencies after the ECB
- Asia Session
- Asian Session: Asian Stocks rise on further commodity weakness – markets eye NFP’s today
- Update on global housing market
- Guidelines For a Market Bottom
- Usd/Chf update
- Daily FX Commentary
- Eur/Usd for today
- Greenback declines against the Yen as U.S payrolls fall
- Finding a Broker
- Forex - Dollar fell against Euro after ECB rate cut
- Euro Gains After “Meager” Rate Cut
- Daily Forex Overview
No Comments! Be The First!