Key Nonfarm Payrolls, December tracker - Nomura

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Dec 29, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    FXStreet (Guatemala) - Analysts at Nomura explained that December Private Payrolls are tracking 220k.

    Key Quotes:

    "The labor market differential (the share of respondents reporting that “jobs are plentiful” less the share of respondents reporting that “jobs are hard to get”) from the Conference Board’s consumer confidence report for December improved by over 4 points to -0.6 in December from a revised -4.8 in November."

    "The December reading came in slightly better than our assumption in our tracking model. After rounding, the December Private Payrolls Tracker was unchanged at 220k."
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