U.S. economy adds more jobs than expected in June
6-07-2018, 18:21

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The June jobs is out and it’s a beat.

The U.S. economy added 213,000 jobs in June while the unemployment rate rose to 4%, according to the latest figures from the Bureau of Labor Statistics.

Economists were forecasting that June was another strong month for the U.S. labor market, with nonfarm payrolls expected to have grown by 195,000 during the month with the unemployment rate holding steady at an 18-year low of 3.8%, according to estimates compiled by Bloomberg.

May’s job gains were also revised up to 244,000 from 223,000, and job gains have now averaged 211,000 per month over the last three months.

The big story in Friday’s report, however, was the increase in labor force participation, which rose from 62.7% in May to 62.9% in June, with this uptick in folks joining the workforce also pushing up the unemployment rate.

Additionally, wages were a bit of a disappointment with average hourly earnings rising by 0.2% over the prior month and 2.7% over the prior year.

Wages were being carefully watched by economists for signs of inflationary pressures building in the economy, with average hourly earnings forecast to have risen 0.3% over last month in June and 2.8% over the same month last year.

Combine the increased participation with a lack of accelerating wage growth during June, and this jobs report indicates a labor market that still has enough slack remaining to pull in new workers who had been disengaged from the workforce.

By industry, June was another strong month for the manufacturing sector, which added 36,000 jobs during the month after adding about half that number in May. As is the case in most months, professional and business services as well as education and health services were the sectors that saw the largest increase in employment, with 50,000 and 54,000 jobs added in these sectors respectively.

Following the report, U.S. stock turned slightly positive after having been in red figures ahead of the report. U.S. Treasury yields were also slightly lower after the report, with the 10-year moving to around 2.81% after the numbers from 2.82% ahead of the report, with two-year yields falling to 2.53% from 2.54%.

 

Comments: 4
#4   Ethan
      
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13 June 2025 17:55
#3   Mohamed
      
The holder of the dix has the right to exchange it,
upon winning a trick, for the trump card. Understanding the values of the cards and
the scoring of melds is essential to playing pinochle. With practice, you will be able to use this knowledge
to win tricks and score points in this exciting game.
If after exposing the kitty, the declarer sees little or no
chance of scoring enough points to win, there is the option of throwing in the hand
and accepting a 'voluntary set'. In this case the declarer pays only the same
amount that would have been won if the bid succeeded, i.e.
half the amount that would have been lost if the hand had been played out.

In case of a voluntary set, the declarer does not have to name a trump suit,
so there is no double for spades trump.
The highest card of the led suit, or the highest trump played, wins the trick.
The winner of the trick collects the played cards and leads the next trick.
Two-handed pinochle is played with a deck of 48 cards, consisting of two sets of
cards from 9 to Ace. The goal of the game is to score points by winning tricks and melding cards.
The player with the highest score at the end of the game wins.
However, players must exercise restraint and avoid the temptation to bid higher than the
expected points they might achieve from melds and tricks.

It is critical to evaluate your hand before bidding and determine your maximum bid based on how
many points you estimate your hand will yield.


Some groups recognised an extra type of
meld called a 'Roundhouse', which consists of a King and Queen of each suit.
The score for this was 240, which is the same as what would be
scored for the Kings around, Queens around and four marriages that it contains.

The difference comes when a player holds a Roundhouse and a Run, using the same King and
Queen of trumps for each. The first dealer
is chosen by any convenient random process, for example
by drawing cards from a shuffled deck, lowest dealing.
The last trick is worth an additional 10 points, so the total number of
points available to be won in each hand is 250. After all cards are dealt, players examine their cards and proceed to start the bidding, each player either increasing the bid or passing, until
all but the last player passes. The high bidder or last player who doesn’t pass wins the bid.
To begin, the dealer shuffles the deck and deals out the entire deck
to each player, 3 cards at a time if single deck
or 5 cards at a time if double deck. Usually the last 3 cards left get placed face down into the "kitty"
in the center of the tables. Most variations of Pinochle involve a
bidding phase in which players wager on how many points
they believe they can earn by the end of the hand. The highest bidder gets honor
of choosing the Trump suit, and often gets to either pass
cards with their partner or take cards from the kitty to form
a better hand.
The winner of the trick gains the hand and adds the relevant number of points earned to
their total. In case non-declaring team does not make points while taking tricks,
they would fail to score any points while melding.
If they score Nine of Trumps they would
save themselves. If they are able to score tricks, the points earned
through melds would be added to their preceding score.
In case the declarer team make bid, the points would be added to
the declaring team preceding score. The preceding score would be reduced by the
bid amount if they do not score any points by tricks or melding.

The decks consist of two copies of all Ace, King, Queen, Jack, 9 and 10 of all the four suits making 48 cards.
Often in Cutthroat Pinochle, and in some variations of Partner Pinochle, the
Kitty is used to give the high bidder an opportunity to strengthen their hand.
The high bidder gets to pick up the cards in the kiddy and decide if they want to trade them with
cards in their existing hand, discarding the cards they don’t want to use.

A player wins the bid when all other players have passed.

Double-Deck Pinochle is played with two 48-card decks,
which include four sets of 9s, 10s, jacks, queens, kings, and aces.
The newer rule of play, given in almost all card game books since 1945, is that a player is only obliged to
beat the highest card so far played to a trick is a trump was led.
Players are, however, still obliged to trump if they have
no card of the suit led. However, many groups continue to
follow the older rule that you must always head the trick
when possible, as given in the play section on this page.

In Cutthroat, you want to try to dominate the tricks and take
as many as you can for yourself.

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8 June 2025 03:54
#2   Eulah
      
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4 June 2025 19:54
#1   Sol
      
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Nausea, vomiting, and shock are the reported
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Tobacco and alcohol can even trigger interactions with certain medicines, together with corticosteroids.

If you often drink or smoke, talk to your physician about the effect this will likely have
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Corticosteroids are a category of medication that may reduce inflammation.
However, they also cause numerous side effects that restrict their use.
2 June 2025 03:46
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