June US Non-Farm Payrolls Report

🔺The unemployment rate remained unchanged at 4%.

🔺The number of ADP jobs in June decreased but not much. Initial unemployment claims increased that week, but also by a small amount.

🔺The next published data is no less than 190,000, which is bad news, because it is better than market expectations, whether it exceeds the previous value of 272,000 or just exceeds expectations of 190,000. Number of additional jobs created: 206,000.

🔺The unemployment rate continues to rise steadily and the unemployment rate falls to 3.9% or 3.8%, which is also bad news, unless the expected higher unemployment rate stimulates prices gold increased.

Read more👉https://en.econreporter.com/57113/us-nonfarm-payroll-206000-june2024/…

#Nonfarm #US