From John Williams of ShadowStats.com:
- With Fed Monetization of Treasury Debt at 90.5%,
- Money Supply Growth Patterns Suggest Banking-System Stress
- Using Consistent Seasonals, June Payrolls Rose About 160,000
- Full-Time Employment Plunged by 240,000 in June
- Economic Issues Accounted for 75% of Gain in Part-Time Employment
- Number of Short-Term Discouraged Workers Increased by 247,000
- June Unemployment: 7.6% (U.3), 14.3% (U.6), 23.4% (ShadowStats)
"No. 540: Updated June Employment and Unemployment, Money Supply M3"
Web-page: http://www.shadowstats.com
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