- June data revised upward 33K to 191K
- July data: 178K vs 180K forecast
- considered very strong numbers in light of unemployment rate of 4.4%
- employers having trouble finding employees; it's hard to see continued job growth at this level with full employment
- Idaho, West Virginia, South Carolina, Iowa, Wyoming: 30% or more
- New Mexico, Tennessee, North Dakota, Hawaii: 20% or more
- Texas: 24%
- Illinois: 16%
- Oklahoma: 8%
Tesla: earnings to be released after-hours. Losses expected to be wider than forecast. Phil LeBeau fails to mention that his long-time Director, Battery Technology is no longer with the company, just as the company ramps up production of the Model 3; $1.82 / share loss forecast.
Mondelez: outgoing CEO on CNBC today; she had been there for "a decade" and apparently the company was doing very, very well; then the cyber attack in early June, 2017; I was unaware how severe Mondelez was hit by this cyber attack; the Financial Times has a great report.
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Back to the Bakken
Active rigs:
$49.15↓ | 8/2/2017 | 08/02/2016 | 08/02/2015 | 08/02/2014 | 08/02/2013 |
---|---|---|---|---|---|
Active Rigs | 60 | 34 | 74 | 194 | 179 |
RBN Energy: natural gas production takes front seat in the oil-driven Bakken shale as rigs return. Archived.
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