-
February US Payrolls Come In Hot At 311K - Record 10th Beat In A Row - But Unemployment Rate Unexpectedly Rises
If the already jittery market needed another reason to be very confused today, it got it moments ago when the BLS reported February jobs data and which -on one hand - came in hotter than expected at the headline level, with some 311K jobs reportedly created in February, which while was a drop from last month's downward revised 504K, was well above the 225K consensus and was also above the whisper number of 250K. The change in total nonfarm payroll employment for December was revised down by 21,000, from +260,000 to +239,000, and the change for January was revised down by 13,000, from +517,000 to +504,000. With these ... (full story)
- Comments
- Subscribe
-
- Older Stories
From robbreport.com|Mar 10, 2023Until this week, there was only one nine-figure listing in New York City. Now, a $175 million penthouse has hit the market in the same building as its higher-priced counterpart. ...
From apnews.com|Mar 10, 2023|1 commentThe humble egg has become a star performer for all the wrong reasons as inflation has hit households across the European Union extremely hard over the year. The EU’s statistical ...
From cnbc.com|Mar 10, 2023Job creation decelerated in February but was still stronger than expected despite Federal Reserve efforts to slow the economy and bring down inflation. Nonfarm payrolls rose by ...
-
- Newer Stories
From orbex.com|Mar 10, 2023|11 commentsUS stock indices dropped substantially yesterday, led by the Nasdaq and prompting a general sell-off across the world. A ~2% drop in the stock market isn’t all that unusual, but ...
From @DeItaone|Mar 10, 2023|4 commentstweet at 11:12am: BIDEN: FEBRUARY JOBS REPORT SHOWS ECONOMY IS MOVING IN RIGHT DIRECTION tweet at 11:11am: BIDEN: MY ECONOMIC PLAN IS WORKING, ACCORDING TO THE JOBS REPORT. tweet at 11:13am: BIDEN: THERE IS STILL MORE TO BE DONE TO DROP INFLATION. tweet at 11:16am: Biden: according to the jobs report, people who had been staying out of the labour market are now returning. tweet at 11:18am: BIDEN: I'M OPTIMISTIC THAT CPI NEXT WEEK WILL BE 'IN SOLID SHAPE'
From think.ing.com|Mar 10, 2023US non-farm payrolls rose 311k in February, above the 225k consensus. There were 34k of downward revisions to the past two months of data, but this is still a strong number. A ...
- Story Stats
- Posted: Mar 10, 2023 10:10am
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 1,537
- Linked events:
