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Real Time Insight

The U.S. Bureau of Labor Statistics fed retail investors and stock market quants a solid set of jobs number on Friday.

Total nonfarm payroll employment rose by +217,000 in May. The unemployment rate held at 6.3% in May, following a decline of -0.4% in April.

The May civilian labor force participation rate did not change.  It stayed at 62.8%. This participation rate has shown no clear trend since October 2013.  But it is down by -0.6% over the last 12 months. 

Employment increased mostly in services.  Four services industries provided +158K jobs.

The gainers. 

Professional and business services (+55K),
Health care and social assistance (+55K),
Food services and drinking places (+32K), and
Transportation and warehousing (+16K)

There was little revisions to past months. After revisions, total nonfarm employment for March remained +203,000.  April was revised from +288,000 to +282,000. 

My RTI question:  After This Week’s Historic European Easing, Are Fresh U.S. Jobs Numbers Bullish?

Zacks Releases Their 7 Best Stocks for November, 2014

These 7 were hand-picked from the list of 220 Zacks Rank #1 Strong Buys with earnings estimate revisions that are sweeping upward. Their stock prices are expected to rise sooner than the others.

Today, this Special Report is available to new visitors free of charge.

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