The Market Ticker - Employment: Hmmmmm
So we get a +224k employment number and the S&P Stock Futures instantly dump ~10 points and stay there, on top of another 10 around 2AM.
Total nonfarm payroll employment increased by 224,000 in June, and the unemployment rate was little changed at 3.7 percent, the U.S. Bureau of Labor Statistics reported today. Notable job gains occurred in professional and business services, in health care, and in transportation and warehousing.
Another 35,000 people were “employed” in the screw you up the butt with a flagpole sector, otherwise known as “health care”, 90% of whom do nothing other than financially rape you. Nearly all of these “jobs” have nothing to do with actually helping people, yet you cheer it on instead of…….
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Source: https://www.market-ticker.org/akcs-www?post=236246
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