Archive for the ‘Jobs’ Category

Jobs Day Tomorrow

December 4th, 2014

Here are the expectations, courtesy of Bloomberg: Source: Bloomberg My own model comes in below consensus, at around 210K, driven by the weaker ADP and softer claims data. I’ll be looking for any signs of faster wage growth and continued stabilization of the labor force. I’m concerned that the strengthening dollar could be taking a toll on factory… Read more

October jobs report: first impressions

November 7th, 2014

The US job market continues to truck along at a solid clip, with payrolls adding over 200,000 jobs for the ninth straight month—including 214,000 last month—the unemployment rate ticking down to 5.8%, the closely watched participation rate ticking up a tenth, positive payroll revisions of 31,000 for August and September, and a slight bump up… Read more