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Employment Situation: June unemployment rate declined by 0.2 percentage point to 5.3%, and the number of unemployed persons declined by 375,000 to 8.3MM. The number of long-term unemployed (those jobless for 27 weeks or more) declined by 381,000 to 2.1MM in June.
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.