HomeBlogUncategorizedUS June employment trends 107.83 vs 107.49 prior

US June employment trends 107.83 vs 107.49 prior

Prior was 107.49 (revised to 107.83)

This is a composite index of data that’s already been released so it doesn’t tell us anything new about the economy but it’s a decent snapshot of the jobs picture, which is a confusing one right now. Last week, ADP and ISM report very soft metrics on jobs while non-farm payrolls were solid.

This indicator doesn’t clear anything but you can see the downtrend that’s been ongoing for some time, though it’s flattened out in the latest month.

This article was written by Adam Button at www.forexlive.com.


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