Job alert - - June jobs report creates splitting Fed-ache

June jobs report creates splitting Fed-ache
Reuters - CHICAGO (Reuters) - The nasty combination of weak jobs growth and rising wage pressures shown in Friday's June payrolls report keeps Federal Reserve policy hanging in the balance for now, economists said on Friday. For many, the only good thing about

Jobs Report Is Mixed Bag
Street.Com - The U.S. economy added 121,000 nonfarm jobs in June, about 80,000 fewer than expected, while the unemployment rate held steady at 4.6%, the Labor Department said Friday. Average hourly earnings rose by 0.5% in the month, slightly faster than forecast