August 2, 2021

A Different Look At Jobs And The Near Future Of Employment

June jobs numbers are out showing payroll employment up by 850,000, more than economists had expected. But the unemployment rate, at 5.9%, is up from May’s 5.8%. According to emailed commentary from Ryan Detrick, chief market strategist for LPL Financial, which thinks there’s the potential for a run of a million jobs a month, expectations were for unemployment to drop to 5.7%. And the number of unemployed…

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