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Nov US Non-Farm Payrolls beats expectations

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Dec 4, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FXStreet (Bali) - Details of the Nov 2015 US Non-Farm Payrolls report are out, with the headline number beating market expectations, coming at 211k vs 200k exp and 298k prior (upward revision from 271k), with the unemployment rate unchanged at 5.0 percent.Job gains occurred in construction, professional and technical services, and health care, while mining and information lost jobs.

    Headlines

    Average hourly earnings 0.2% vs 0.2% exp m/m. Prior 0.4%

    2.3% vs 2.3% exp y/y. Prior 2.4%

    Participation rate 62.5% vs 62.4% exp. Prior 62.4%

    Private payrolls 197k vs 190k exp. Prior 268k. Revised to 304k

    Government payroll 14k vs 3k prior. Revised to -6k

    Manufacturing payrolls -1k vs -1k exp. Prior 0k. Revised to 1k

    U6 (underemployment) 9.9% vs 9.8% prior
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