jobs report

The monthly jobs report was released today (11.03.17) and it was good news. It was the largest rise in non-farm payrolls since July 2016.


The October non-farm payroll number rose by 261,000 versus +18,000 for September.

The unemployment rate is reported to be 4.1%, estimated at 4.2%. Average hourly earning were flat for October.

The unemployment rate is the lowest since December 2000. The non-farm payroll increase is the biggest since July 2016. August was revised to 208,000 from 169,000. September was revised to +18,000 from -33,000.

Private sector payrolls for October rose by 252,000.

Labor force participation for October is at 62.7%.

Source for this post: CNBC



Published by mikebertelsen

Global market, trade, and financial news. I keep up to date with what I assess is important.

%d bloggers like this: