Friday, June 1, 2012

DailyMarkets.com - Today’s Employment Report

DailyMarkets.com - Today’s Employment Report


Today’s Employment Report

Posted: 01 Jun 2012 07:03 AM PDT

Today’s employment report paints a somewhat bleak and mixed picture of current U.S. labor market conditions, with an increase of only 69,000 payroll jobs in May (less than half of the 150,000 consensus expectation) and an increase in the May jobless rate to 8.2%.  While most reactions to the job data could be best described as disappointing, here are a few bright spots in today’s report:

1. Manufacturing payrolls increased in May by 12,000, which was the eighth consecutive monthly gain in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


CEO Spotlight: John Burges, Northern Freegold Resources

Posted: 01 Jun 2012 05:50 AM PDT

John Burges, President and CEO of Northern Freegold Resources, discusses the recent slide in gold prices and the outlook for the company. Northern Freegold Resources is a junior mineral exploration company trades on the TSX-V as … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Commodity Prices Sink On Global Slowdown Fears, US Data Key Ahead

Posted: 01 Jun 2012 01:45 AM PDT

Talking Points

Crude Oil, Copper Sink as Chinese, European PMIs Sink Risk Appetite
Gold and Silver Under Pressure as US Dollar Hits Fresh 18-Month Highs
All Eyes on US Jobs, ISM Data on Hopes US Can Offset Global Headwinds

Commodity prices are pushing sharply lower as risk aversion grips financial markets anew into the end of the trading week. Growth-geared crude oil and copper prices are following stocks lower while anti-fiat gold and silver are under pressure as safe-haven demand pushes the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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