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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Through the Economic Straight Talk Newsletter Ian R. Campbell shares his perspective on the world economy, the financial markets, and natural resources. A recognized business valuation authority, he founded Toronto based Campbell Valuation Partners (1976), Stock Research Portal (2007) a source of resource companies market data and analytic tools, and Economic Straight Talk (2012). The CICBV* annually funds business valuation research in his name**. Contact him at icampbell@srddi.com.
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