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By Jason Stipp and Jeremy Glaser | 07-05-2013 10:00 AM

The Friday Five

Five stats from the market and the stories behind them. This week: No game-changer in June jobs, a yield surge in Portugal, and our suggested allocation to the bitcoin ETF.

Jason Stipp: I'm Jason Stipp for Morningstar, and welcome to The Friday Five: Five stats from the market and the stories behind them.

Joining me, as always, with The Friday Five is Morningstar markets editor Jeremy Glaser.

Jeremy, thanks for being here.

Jeremy Glaser: You're welcome, Jason.

Stipp: What do we have for the Friday Five this week?

Glaser: The numbers we're going to look at this week are 195,000, 2015, 8%, 0.5%, and finally 0.

Stipp: 195,000 was the number of jobs added in June according to the government's employment report that came out on Friday. This was better than everyone was expecting. What's your read on that number?

Glaser: It was a little bit better than people had hoped. The unemployment rate stayed at 7.6%, and there were pretty big revisions to some previous months' reports. So overall, it was generally mostly upbeat, but it's not a report--as Bob Johnson talked about earlier today--that's really a game-changer in terms of how we think about employment.

Unemployment is still a major problem. We still have a lot of long-term unemployed who are having trouble finding jobs, and this report shows that we're making slow and steady progress, that we're moving in the right direction, but we're not at the point where we can say the employment crisis is over, or that we're at … what we'd hope is a normal level [of employment]. We're still at that elevated unemployment rate. It could be quite some time before we really make up all of those jobs that we lost in the recession.

Stipp: 2015 is the new deadline for larger employers--those with more than 50 employees--to add [health-care] coverage. This was a big change to health-care reform. What's your take on that?

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