Economic Update
The employment report for June indicates that the unemployment rate rose to 9.2 percent with the economy adding only 18,000 jobs.
Patrick O’Keefe, J.H. Cohn’s director of economic research, is providing insight into the data in several media outlets.
On Thursday, July 7, he was interviewed for CNBC Asia’s Squawk Box. Click here to watch the appearance in which Pat discusses the U.S.’ “slow growth recovery.”
On July 8, Pat appeared on Lou Dobbs Tonight on Fox Business Network. Click here to watch that interview.
In addition, he was quoted in the Los Angeles Times on the topic. He said, “It’s an abysmally weak report. All of the distress indicators are flashing red.”
Click here for an archive of Patrick O'Keefe's Economic Notes.