September Nonfarm Payrolls: +114K vs. consensus +115K, +142K previous (revised from 96K). Unemployment rate 7.8% vs. consensus 8.2%, 8.1% previous. [View news story]
Lowest rate since Jan 2009!!! Knowing that companies were holding back hiring plans amid concern over Europe and the looming fiscal cliff, it s really hard to believe these figures. What is the participation rate again? Oh yes right 63.6! A 3 decades low!!!
September Nonfarm Payrolls: +114K vs. consensus +115K, +142K previous (revised from 96K). Unemployment rate 7.8% vs. consensus 8.2%, 8.1% previous. [View news story]