Economic Reports 07/06/07

Summary: April & May revised up for additional 75K gain. McJobs offsetting retail, administrative & manufacturing declines.

Nonfarm Payrolls Jun +132K vs prior 190K
Full Report

Inside the number: May revised up 33K, April up 42K. Unemployment Rate Jun 4.5% vs prior 4.5%. Private sector +92K; Goverment +40K.

Losing: Retail -24K; Manufacturing -18K (durable goods producing -13K); Professional -9K; Employment Services -26.5K

Gaining: Private service providing +95K; (wholesale trade +19.8K; educational +16.5K; healthcare & social services +42.3K; leisure & hospitality +39K.)

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