Friday, October 5, 2012

NFP Details

Good number overall. And previous 2 month revision are also good. It does indicate a improving job market, isn't it.??

Take aways: 
  • Unemployment rate lowest since Jan-2009 at 7.8% vs 8.2% expected
  • The August reading revised to 142K from 96K
  • July revised higher by 181K
  • Private payrolls numbers comes at +104K vs +130K expected
  • Manufacturing payrolls decrease by -16K vs 0K expected



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