June data better than expected, but prior 2 months revised down sharply:
Nonfarm payrolls (NFP) for June increase +206,000 jobs (expected +190,000 | previous +218,000).
However, data for 4/5 previous months revised down.
MARKET DAILY
Market 07/05: Labor market deteriorates, recession looms
Job and wage growth slows, unemployment rate rises -- BOJ unlikely to hike rates in July -- Bitcoin dumped after Mt. Gox collapse.
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