Breaking News: Employment Situation Not So Bad
The 8:30 a.m. release from the Bureau of Labor Statistics provided a pleasant surprise, for some.
Nonfarm Payrolls + 110,000
Unemployment Rate 4.7%
Average Hourly Payrolls +4.1%
In a critical side note, August's Nonfarm Payrolls were raised significantly higher, to an increase of 89,000, versus a previously estimated 4,000 job loss. We'll have more to say in our morning edition.
Nonfarm Payrolls + 110,000
Unemployment Rate 4.7%
Average Hourly Payrolls +4.1%
In a critical side note, August's Nonfarm Payrolls were raised significantly higher, to an increase of 89,000, versus a previously estimated 4,000 job loss. We'll have more to say in our morning edition.
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