CS on Payrolls

Market news

6 May 2011

CS on Payrolls

Analysts at CS say payrolls were better than unemploy rate. "There was a big upside surprise on payrolls considering most other data (claims, ADP, ISM services) were pointing to a slowdown. Total jobs rose 244K, the third straight month of job gains well over 200K. The three month average is 233K."

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