The big March 2016 US Non farm payrolls and employment report 1 April 2016
- Prior 242k . Revised to 245k
- Two month net revision -1k vs 30k prior
- Unemployment rate 5.0% vs 4.9% exp. Prior 4.9%
- Participation rate 63.0% vs 62.9% exp. Prior 62.9%
- U6 underemployment 9.8% vs 9.7% prior
- Private payrolls 195k vs 197k exp. Prior 230k. Revised to 236k
- Government payrolls 20k vs 12k prior. Revised to 9k
- Manufacturing payrolls -29k vs 2k exp. Prior -16k. Revised to -18k
Just to keep this post whole I'm adding in the wages from Adam's
- Avg hourly earnings 0.3% vs 0.2% exp m/m. Prior -0.1%
- +2.3% y/y vs +2.2% exp. Prior 2.2%. Revised to 2.3%
- Average weekly hours 34.4 vs 34.5 exp. Prior 34.4
The wages take the prize over the higher unemployment rate, of which the participation rate has played a part.
The longest positive run in the history of NFPs continues
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.