Reuters and the WSJ are carrying round-ups of the reactions from analysts (including yours truly) on the June jobs report. Calculated Risk also has a breakdown of some of the finer points.
There are some interesting takeaways and breakdowns but I don’t see a single positive take in the lot, not even a silver lining. Plenty of economists are paid for a rosy outlook that helps sell stocks to clients. When they’ve thrown in the towel, you know it’s bad. Even Obama’s spin doctors had a tough time with this one.