In June, the nation added 195,000 jobs and the rate was 7.6%. The number may have been luck more than skill. Hospitality and leisure jobs rose 75,000. The start of summer may have been the cause as vacations began.
Employment in professional and business services rose by 53,000 in June. Job gains occurred in management and technical consulting services (+8,000) and in computer systems design and related services (+7,000).
IT spending has risen–company optimism or aging tech infrastructure causing need for replacement
Government numbers–perhaps most austerity measures have not hit
Federal government employment continued to trend down in June (-5,000) and has declined by 65,000 over the past 12 months.
In other words, cuts here slowed a great deal
“The Next NVIDIA” Could Change Your Life
NVIDIA has returned 250-fold in the past 10 years as artificial intelligence took off.
But if you missed out on NVIDIA’s historic run, your chance to see life-changing profits from AI isn’t over.
The 24/7 Wall Street Analyst who first called NVIDIA’s AI-fueled rise in 2009 just published a brand-new research report named “The Next NVIDIA.”
The report outlines key breakthroughs in AI and the stocks ready to dominate the next wave of growth. The report is absolutely free. Simply enter your email below
By providing your email address, you agree to receive communications from us regarding website updates and other offerings that may be of interest to you.
You have the option to opt-out of these emails at any moment. For more information, please review our Disclaimer and Terms of Use.