US Non-Farm Employment Change disappoints at -125,000, turning negative once again and worse than forecast. The Unemployment Rate improved to 9.5 percent due to a smaller labor force.
The Forex market was not significantly moved by the news. US equities were flat on the open, but now negative for the day. Private employers added fewer workers to payrolls in June than forecast, reinforcing concerns the recovery will weaken as Americans curtail spending.
Employment at companies rose 83,000, less […]