May Jobs Report Could Show A U.S. Expansion That's Gaining Momentum

Filed under: Forecasts, Employees, Recession

May's economic data resolved little, as it relates to the direction of the U.S. stock market. Additional evidence of a U.S. manufacturing recovery was tempered by continued tepid consumer sentiment and little progress relating to initial jobless claims.



The debate now defaults to June's data, with the exception, of course, of May data reported in June. One May data point that could prove to be seismic is the May jobs report, scheduled to be released by the U.S. Labor Department on Friday, June 4.

Continue reading May Jobs Report Could Show A U.S. Expansion That's Gaining Momentum

May Jobs Report Could Show A U.S. Expansion That's Gaining Momentum originally appeared on BloggingStocks on Fri, 28 May 2010 18:00:00 EST. Please see our terms for use of feeds.

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