U.S. Payrolls Rose by 195,000, Unemployment at 7.6%

July 5 (Bloomberg) -- U.S. payrolls rose in June by 195,000 workers, more than forecast, for a second straight month, the Labor Department reported today in Washington. The jobless rate stayed at 7.6 percent, while hourly earnings in the year ended in June advanced by the most since July 2011. Megan Hughes and Michael McKee report on Bloomberg Television's "In the Loop." (Source: Bloomberg)
Stock Selloff: Fundamentals or Unwinding of Trades?
25:11 - Peter Tchir, head of macro strategy at Brean Capital, discusses today's stock selloff, why the lack of fear in the market as a bad sign for investors and where he sees market opportunities. He speaks on "Bloomberg Markets." (Source: Bloomberg)
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