No. 898: June Labor Conditions, Money Supply M3
June Payroll Gain Was on Top of Upside Revisions
Nonetheless, Unadjusted Annual Payroll Growth Held at Low Levels
Common to Periods Preceding Economic Recession
Headline Unemployment Remained Well Short of Common Experience
June 2017 Unemployment: U.3 Rose to 4.4% from 4.3%,
U.6 Rose to 8.6% from 8.4% and the ShadowStats-Alternate Rose to 22.1% from 22.0%
Watch Out for Reporting Surprises in Week Ahead
June Money Supply M3 Annual Growth Declined to 3.1% from 3.5% in May