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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: TimeToMakeTheInvs who wrote (75823)6/7/2002 8:47:52 AM
From: Sully-  Read Replies (2) of 99280
 
08:32 ET Unemployment rate reverses much of April increase : After jumping to 6.0% in April from 5.7% in March, the unemployment rate reversed most of that increase and returned to 5.8%, well below the 6.1% consensus and consistent with the risk we noted in our 7:48 preview. Payrolls were a bit weaker than expected at 41K vs the 75K consensus and the April gain was revised to 6K from 43K, so this report is somewhat mixed but generally good news.
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