Overview of August 2 U.S. Jobs Report

By: Ian Campbell | Tue, Aug 7, 2012
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The U.S. July jobs report seems to have been favourably viewed by the financial markets. However, at least the following things need to be factored into any reasoned view with respect to it:

Don't hold your breath on U.S. jobs recovery. The financial markets seemingly, in this instance at least, responded to what 'they wanted to hear'.

Topical Reference: July's jobs report is probably not as good as it seems, from Also Sprach Analyst, Walter Kurtz, August 4, 2012 - reading time 3 minutes; and June jobs report: Hiring weak, unemployment unchanged, from CNN Money, Annalyn Censky, July 6, 2012 - reading time 3 minutes.



Ian Campbell

Author: Ian Campbell

Ian R. Campbell, FCA, FCBV
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