Viernes 08/07/11 Situacion del empleo

[admin]

Au up

SPOT MARKET IS OPEN
closes in 8 hrs. 16 mins.
Jul 08, 2011 08:59 NY Time
Bid/Ask 1541.30 - 1542.30
Low/High 1523.90 - 1544.90
Change +8.60 +0.56%
30daychg +3.70 +0.24%
1yearchg +342.80 +28.60%

[admin]

Futuers cu down 4.3895

[admin]

El indice del dolar up a 75 +0.06%

[admin]

Hace un par de dias escuchaba a Romer la ex economista de Obama que decia que esta recuperacion de la economia era growthless, me dan ganas de insultarla, cree que todos somos imbeciles, como puede haber una recuperacion sin crecimiento, por definicion tiene que haber crecimiento en la economia para que haya una recuperacion.

Esta gente es de lo peor.

[admin]

ERX -4.50%

Los futures empeoran

Oil down 96.92

-150

Esperemos que esto se modere en la tarde.

[admin]

Los yields se fueron de 3.14% a 3.03% dramatica reaccion a las noticias del empleo

[admin]

Treasurys Price Chg Yield %
2-Year Note* -3/32 0.479
10-Year Note* -8/32 3.140
* at close

10:15 p.m. EDT 07/07/11Futures Last Change Settle
Crude Oil 98.71 0.04 98.67
Gold 1531.8 1.2 1530.6
DJ Industrials 12681 0 12681
S&P 500 1351.20 -0.50 1351.70

10:25 p.m. EDT 07/07/11Currencies Last (bid) Prior Day †
Japanese Yen (USD/JPY) 81.25 81.25
Euro (EUR/USD) 1.4357 1.4364
† Late Thursday in New York.

[admin]

-147

[admin]

SLW +0.39%

EGO +0.94%

PAAS +0.09%

EDC -4.04%

NG +0.99%

GDXJ +0.83%

[admin]

SCCO -0.94%

DRN -6.55%

[admin]

AAPL -1.25%

[admin]

Jobs Data Dim Recovery Hopes

By LUCA DI LEO And JEFF BATER
WASHINGTON—The U.S. economy barely added jobs for the second month in a row in June and the unemployment rate rose to the highest level this year, adding to concerns the labor market will take years to recover.

Nonfarm payrolls rose 18,000 last month, far less than expected, as small gains in the private sector were just enough to outweigh continued government-job losses, the Labor Department said Friday in its survey of employers. Payrolls data for the previous two months were revised down by a total 44,000 to show increases of only 25,000 jobs in May and 217,000 in April.

The jobless rate, which is obtained from a separate household survey, increased for the third straight month to 9.2% in June from 9.1% in May. It was the highest level since December 2010. There are 14.1 million Americans who would like to work but can't get a job.

Economists surveyed by Dow Jones Newswires had forecast payrolls would rise by 125,000 and the jobless rate would remain steady at 9.1%.

The choppy two-year-old recovery is proving to be one of the worst since the 1930s. It has been too slow to make up for all the jobs lost after the financial crisis of 2008 and 2009. With little scope left for policy to help, President Barack Obama is likely to confront the highest unemployment rate of any postwar incumbent when he seeks re-election in the fall of 2012.

Friday's report showed private-sector employers, which account for about 70% of the work force, added 57,000 jobs in June, down from 73,000 in May. The weakness was broad-based.

Manufacturing employment remained weak, adding 6,000 jobs. Economists were expecting a rebound as disruptions to manufacturing production stemming from Japan's earthquake should be easing. Employment in the battered construction sector was broadly unchanged. The housing sector remains a big drag on the economy.

Employment in professional and business services, which had shown strong gains in previous months, rose by 12,000.

Government employment fell by 39,000, the eighth drop in a row, following declines in all levels of government struggling to close budget gaps.

After spending funds to fight the crisis, policy makers have few tools left to stimulate the economy. Mr. Obama is focused on cutting the budget deficit, while the Federal Reserve, which sees unemployment at about 8.0% at the end of 2012, has already cut interest rates close to zero and is reluctant to purchase more government bonds now that inflation is rising.

Americans' incomes, which are crucial to fuel the spending needed to boost the economy, edged lower. Average hourly earnings of all employees fell $0.01 to $22.99. Over the past year, earnings have increased by 1.9%.

Write to Luca Di Leo at luca.dileo@dowjones.com and Jeff Bater at jeff.bater@dowjones.com

[admin]

-134

[admin]

Le suben el target a AAPL a $500

[admin]

Auup 1,543, Ag up cu down