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  • Payrolls in U.S. Rose by 161,000 in October as Wages Accelerate

    From bloomberg.com

    U.S. jobs continued to gain at a steady pace in October and wage gains accelerated, signs that the labor market and economy made steady progress at the start of the fourth quarter. Payrolls climbed by 161,000 last month following a 191,000 gain in September that was larger than previously estimated, a Labor Department report showed Friday. The median forecast in a Bloomberg survey called for 173,000. The jobless rate fell to 4.9 percent, while wages rose from a year earlier by the most since 2009. The figures are likely to keep the Federal Reserve on track to raise borrowing costs next month for the first time in ... (full story)

I call this positive.
Any ideas?

May jump ofcourse... Then booom
revision .. NFP is 191K, not 161K
more lies to elect the KKK
Quoting Not-KPMG
I call this positive.
Any ideas?

May jump ofcourse... Then booom
Yes Dude very good number it will increase hike rate DEC over 80/85% but the value of this good data will stay frozen(on hold ) cause of US election ,,,,,,My Opinion @ short run market = politic not data((((
Quoting jajano
revision .. NFP is 191K, not 161K
lol 191 ???? nice joke )))))
just an other round of number manipulation. No surprise there. Any excuse they need to say the world in USA is great and to make everyone feel warm and cozy. Now they have all the reason to raise the rates (probably a good idea anyway), and then we will all get the REAL employment results later. So easy to manipulate numbers when they just go ahead and 'adjust' the next time around. a reminder to not trade the news or what you think the news may be or how it will be affecting a currency. Just trade the reaction a while later when things settle and uncommmon sense rules again.
Quoting Ghassforex
lol 191 ???? nice joke )))))
there was revision up of the last 2 months
last month result revised from 156K to 191K
and Average Hourly Earnings revised up also. This will definitely mean rate hike next month.
Quoting Abouelzelouf
there was revision up of the last 2 months
last month result revised from 156K to 191K
and Average Hourly Earnings revised up also. This will definitely mean rate hike next month.
Really?????? oleeeeeeeeeeeeeeeeeeee petard @ JOUNIEH hehehehe lol
Quoting jajano
revision .. NFP is 191K, not 161K
Revision from last month not this one. Read carefully with understanding.
Quoting jurek
Revision from last month not this one. Read carefully with understanding.
we know that last month, but even today data was very good .
Quoting Ghassforex
we know that last month, but even today data was very good .
not really...it was less then expected (174K) and less than their revision(191K), and only marginally better than their 156K originally reported last month....that sounds not good to me. BUT hey, they can focus on their new number of 191K and live as though all is well and as long as the public believes them it is all good. To me, it matters not at all. I do not trade based on the news they put out there and I do not have to have a job.
Quoting pipps
not really...it was less then expected (174K) and less than their revision(191K), and only marginally better than their 156K originally reported last month....that sounds not good to me. BUT hey, they can focus on their new number of 191K and live as though all is well and as long as the public believes them it is all good. To me, it matters not at all. I do not trade based on the news they put out there and I do not have to have a job.
The main focus nowadays is on Average Hourly Earnings more than the NFP number.
Quoting Abouelzelouf
The main focus nowadays is on Average Hourly Earnings more than the NFP number.
if that makes people feel warm and fuzzy, then that is good. I am fascinated with how news is interpreted by people, including me, in the light in which they wish to see the results. Personally i have many friends in USA and NONE have seen increases in their hourly wages for a long time, and several just gave up looking for jobs that no longer exist.
NFP- NOoo F***ing PriceAction
Quoting Abouelzelouf
The main focus nowadays is on Average Hourly Earnings more than the NFP number.
I agree .... correct 100% .. And 4.9% employment rate was very important more then NFP.
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Quoting Ghassforex
we know that last month, but even today data was very good .
Agree, all recent important numbers were lower than expectations but the previous numbers were all revised up. Maybe they will also be revised up next time.
Quoting Guest
Agree, all recent important numbers were lower than expectations but the previous numbers were all revised up. Maybe they will also be revised up next time.
No way ..... Data was good today and revised the previous ....election trending market today
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