Payrolls

[Skip to the end] Karim writes: Apart from net revisions, this employment report pretty much stinks: Jobs -190k UE rate from 9.8% to 10.2%; ‘Total’ unemployment rate from 17% to 17.5% Hours down 0.2% Difffusion index down from 37.5 to 33.8 Median duration of unemployment up 1.4 weeks to 18.7 Manufacturing jobs -45k to -61k (so much for ISM employment index as a [...]