The big July job job jobs jobs report. Non-farm payrolls up 73,000. Definitely a bit light, but maybe it's the Goldilocks.We'll have to see how the market moves. 73,000. That would be the lightest rate of the year.You have to go back to October of last year to find a lower non-farm pace at 44,000. Now, the revisions, here's a biggie. The two-month revision minus 258,000.That is a biggie. A biggie. Average hourly earnings on month-to-month basis come in as expected, up 3/10en.And if we look at year-over-year ...

Employment Data - Non-farm payrolls increased by 73,000, the lowest rate of the year [1] - The two-month revision showed a decrease of 258,000 jobs [1] - The unemployment rate increased by 0.1% to 4.2%, marking the fourth time this year at this level [3] - Labor force participation rate came in at 62.2%, 0.1% lower than the previous reading and expectations [3] - The underemployment rate (U6) is at 7.9%, matching the level in March [4] Wage and Hours - Average hourly earnings increased by 0.3% month-over-month [2] - Average hourly earnings increased by 3.9% year-over-year, 0.1% higher than expected [2] - Hours worked increased by 0.1% to 34.3% [2] Market Reaction - Interest rates are moving lower, likely due to the significant revision in job numbers [4] - The 10-year Treasury yield decreased by approximately 0.07% (seven basis points) on the week, settling around 4.32% [5] - The two-year Treasury yield decreased by approximately 0.10% (ten basis points) [5] Government Perspective - The current administration is trying to reduce the size of government, which may impact government hiring figures in the report [8]

Uh Rick Santelli is at the CME in Chicago. I don't know what you think about July possibly being a live meeting based on these numbers, but sub 50 um in terms of additions seems to be the uh the number that could make it live in the markets. Anything's possible.We'll know shortly. Obviously, this is the big June job job jobs report. I wouldn't look for this to make an easy more likely 147,000 jobs.Definitely bit better than expected. No matter what your range was, whether it was closer to 100 or 115,000, it ...