May Factory Orders Up 1.2%, Versus the Consensus of a 0.9% Rise Jul 2, 2009 10:01AM

May Factory Orders Up 1.2%, Versus the Consensus of a 0.9% Rise


U-6 Unemployment Statistic Now At 16.5% Jul 2, 2009 09:09AM

The U-6, which some claim is the "real" unemplyment rate, rose to 16.5% in June from 16.4% in May. It is up from 10.3% in June of 2008.

U-6 is total unemployed, plus all marginally attached workers, plus total employed part time for economic reasons, as a percent of the civilian labor force plus all marginally attached workers.

Marginally attached workers are persons who currently are neither working nor looking for work but indicate that they want and are available for a job and have looked for work sometime in the recent past.


June Job Cuts Worse Than Expected; Unemployment Rate at 9.5% Jul 2, 2009 09:07AM

U.S. nonfarm payrolls fell 467,000 in June, which was worse than the 365,000 drop economists on average were expecting. The unemployment rate was little changed at 9.5%.

In June, unemployment rates for the major worker groups - adult men (10.0 percent), adult women
(7.6 percent), teenagers (24.0 percent), whites (8.7 percent), blacks (14.7 percent), and Hispanics (12.2
percent) - showed little change. The unemployment rate for Asians was 8.2 percent, not seasonally adjusted.

In June, the average workweek for production and nonsupervisory workers on private nonfarm payrolls fell by 0.1 hour to 33.0 hours - the lowest level on record for the series, which began in 1964.

In June, average hourly earnings of production and nonsupervisory workers on private nonfarm payrolls were unchanged at $18.53. Over the past 12 months, average hourly earnings have increased by 2.7 percent, while weekly earnings have risen by only 0.9 percent, reflecting a decline in the average workweek.

The U-6, which some claim is the "real" unemplyment rate, jumped to 16.5% in June from 16.4% in May. It is up from 10.3% in June of 2008.


June Nonfarm Payrolls Drop 467,000 Versus the Consensus of a 367,000 Drop Jul 2, 2009 08:30AM

June Nonfarm Payrolls Drop 467,000 Versus the Consensus of a 367,000 Drop

Unemployment Rate at 9.5%, Versus the Consensus of 9.6%


ECB Leaves Rate Unchanged At 1% Jul 2, 2009 07:46AM

ECB Leaves Rate Unchanged At 1%


More Economic Data

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Jul 1, 2009 02:40PM FHFA Releases Details Of Plan To Allow Refinances Up to 125% LTV
Jul 1, 2009 01:04PM Obama Seeks To Refinance More Underwater Mortgages
Jul 1, 2009 10:31AM Crude Fell 3.66M Barrels; Gasoline Rose 2.33M Barrels; Distillate Rose 2.9M Barrels
Jul 1, 2009 10:02AM Construction Spending Comes In Down 0.9%, Versus The Consensus of -0.6%
Jul 1, 2009 10:01AM ISM Manufacturing Comes In at 44.8, ISM Prices Paid Comes In at 50
Jul 1, 2009 10:01AM US May Pending Home Sales Rise 0.1%, Inline with Expectations
Jul 1, 2009 08:15AM ADP Employment Report Shows 473,000 Jobs Losses, Versus Consensus of a 394,000 Drop
Jul 1, 2009 07:59AM Challenger Report Shows Companies Slow Firings
Jul 1, 2009 07:44AM Oracle (ORCL) Prices 4.5B In Notes
Jul 1, 2009 07:19AM MBA Mortgage Applications Down 18.9%, Versus Prior Reading of +6.6%
Jun 30, 2009 11:47AM June Consumer Confidence Retreats After Months of Gains
Jun 30, 2009 10:01AM U.S. June Consumer Confidence Falls to 49.3 Versus Prior 54.8
Jun 30, 2009 09:45AM Chicago PMI Comes in at 39.9, Versus Prior 34.9
Jun 30, 2009 09:00AM S&P Case-Shiller Home Price Index Falls 18.1% Versus Year Ago
Jun 29, 2009 12:25PM Top White House Advisor Leaves Door Open for More Stimulus, But Says Currently Not Expected
Jun 26, 2009 01:05PM Treasury Announces TARP Warrant Repurchase and Disposition Process for CPP
Jun 26, 2009 11:52AM Economic Data Supports Swoosh-Shaped Recovery
Jun 26, 2009 09:56AM U.S. June UofM Consumer Sentiment Index: 70.8, Versus Consensus of 69
Jun 26, 2009 08:32AM PCE Deflator (YoY) +0.1%, PCE Core (MoM) +0.1%, PCE Core (YoY) +1.8%
Jun 26, 2009 08:31AM Personal Income Comes In Up 1.4%, Personal Spending Up 0.3%
Jun 25, 2009 12:03PM Fed Extends Liquidity Programs; Ends One, Trims Two
Jun 25, 2009 12:02PM Fed plans to end one emergency program, trim two others
Jun 25, 2009 10:30AM EIA: US Natural Gas Stockpiles Rose 94 bcf Last Week
Jun 25, 2009 10:06AM Bernanke Testimony To Congress On Acquisition of Merrill Lynch by Bank of America
Jun 25, 2009 08:31AM Q1 Final GDP Comes In at -5.5%, Versus -5.7%
Jun 25, 2009 08:31AM Initial Jobless Claims Rose 15,000 to 627,000, Versus The Consensus of 600,000
Jun 24, 2009 03:24PM FOMC Statements Side-by-Side Comparison
Jun 24, 2009 02:19PM FOMC Statement: Leaves Target Rates Unchanged
Jun 24, 2009 02:18PM Fed Leaves Rates Unchanged
Jun 24, 2009 10:49AM Crude Oil Moves Under $69 as Inventory Data Looks Bearish
Jun 24, 2009 10:31AM Crude Fell 3.87M Barrels; Gasoline Rose 3.7M Barrels; Distillate Rose 2.08M Barrels
Jun 24, 2009 10:01AM New Home Sales Drop 0.6% to 342,000, Versus The Consensus of 360,000
Jun 24, 2009 08:30AM Durable Good Orders +1.8%, Versus the Consensus of -0.9%
Jun 24, 2009 07:04AM MBA Mortgage Applications Rise 6.6%, Versus Last Week's Reading of -15.8%
Jun 23, 2009 01:47PM Fannie/Freddie Show Loan Mods Up 57% In Q1
Jun 23, 2009 01:45PM Barclays Chief Economist Boosts U.S. Q3, Q4 GDP Growth Estimates
Jun 23, 2009 01:16PM Obama Said 2nd Stimulus Package Not Needed "Yet"
Jun 23, 2009 11:32AM Record Interest in ECB's Unlimited 1-Yr Funds Offer Suggests Investors Believe Rates Will Rise Soon
Jun 23, 2009 11:29AM May Existing Homes Sales See Monthly Uptick But Down From Last Year, Realtors Warn About Appraisals
Jun 23, 2009 10:02AM April House Price Index Down 0.1%, Versus the Consensus of -0.4%
Jun 23, 2009 10:00AM May Existing Home Sales Rise 2.4% to 4.77M, Versus the Consensus of 4.82M
Jun 22, 2009 11:05AM World Bank Sees Global Economy Shrinking 2.9% in '09
Jun 18, 2009 04:31PM Fed Balance Sheet Assets Rose $20.4B to $2.07T During the Week -Bloomberg
Jun 18, 2009 10:30AM EIA Natural Gas Stockpiles Rose 114 BCF
Jun 18, 2009 10:02AM Geithner's Opening Statement On Financial Regulatory Reform
Jun 18, 2009 10:00AM Leading Indicators Comes in at +1.2%, Versus the Consensus of +1%
Jun 18, 2009 10:00AM Philly Fed Down 2.2, Versus the Consensus of a 17 Drop
Jun 18, 2009 08:32AM Initial Jobless Claims Come In at 608K
Jun 17, 2009 03:54PM S&P Said U.S. 'AAA' Rating Unlikely To Be Lowered In Near Term
Jun 17, 2009 11:41AM Obama Lays Out New Rules For U.S. Financial System
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