We’re constructive on the US economy into Q3 but we expected today’s particular release to be a worry. We were wrong.
Average earnings didn’t change much, up only 0.1% but private sector jobs gained 268M, the largest increase since Feb/06 and a nice number. And government jobs shed 24M which can’t be a bad thing.
Robert Craven
Average earnings didn’t change much, up only 0.1% but private sector jobs gained 268M, the largest increase since Feb/06 and a nice number. And government jobs shed 24M which can’t be a bad thing.
Robert Craven
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