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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Killswitch who wrote (98337)	6/5/2009 1:28:17 PM
From: mishedlo	2 Recommendations Read Replies (1) of 116555

Jobs Contract 17th Straight Month; Unemployment Rate Soars to 9.4% globaleconomicanalysis.blogspot.com This morning, the Bureau of Labor Statistics (BLS) released the April Employment Report. Nonfarm payroll employment fell by 345,000 in May, about half the average monthly decline for the prior 6 months, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. The unemployment rate continued to rise, increasing from 8.9 to 9.4 percent. Steep job losses continued in manufacturing, while declines moderated in construction and several service providing industries. .... Mish

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