Hi wednesdaychild,
If you haven't already done so I'd suggest to take a look at the Employment Situation Report from the Bureau of Labour Statistics.You'll see that a more interesting picture emerges from the July data that the one being presented in most of the media or otherwise suggested by the market reaction.
In particular the demographics, whose jobs were lost and from which sector, the monthly averages and the probability of a revision upwards next month due also to an adjustment for the effects of hurricane Beryl (despite what the official note says) as 436,000 people couldn't work because of weather in July, compared to an average of 33,000 for the month since 2000, according to a client note from Thomas Simons, senior U.S. economist at Jefferies. Over 1 million workers who usually work full-time could only work part-time due to the weather, Simons added. In previous years, the July figure was 194,000 on average, he said.
Some just profits from volatility:
empsit.pdf
IMUGENE CHART. TA only, page-33781
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Last
4.1¢ |
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-0.003(6.82%) |
Mkt cap ! $304.9M |
Open | High | Low | Value | Volume |
4.3¢ | 4.4¢ | 4.1¢ | $1.607M | 38.52M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
23 | 4542680 | 4.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.3¢ | 1675759 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
15 | 2598776 | 0.041 |
76 | 6281075 | 0.040 |
31 | 5664241 | 0.039 |
15 | 2789416 | 0.038 |
10 | 1400513 | 0.037 |
Price($) | Vol. | No. |
---|---|---|
0.043 | 1652096 | 8 |
0.044 | 1145733 | 8 |
0.045 | 1715026 | 12 |
0.046 | 1642231 | 7 |
0.047 | 1652765 | 8 |
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