“It’s not as if the Household sector ratified the seemingly encouraging news contained in the payroll data as this survey showed a tepid 67,000 job gain last month and rather ominously, in fact, has completely stagnated since February… Historians will tell you that at turning points in the economy, it is the Household survey that tends to get the story right… The Fed may well be breathing a sigh of relief, but we are not out of the woods yet. My advice is to simply ignore those pundits who may conclude that a rate hike is back on the table any time soon…” — See also 90% Of June Job Gains Went To Workers 55 And Older.