Saturday, January 10, 2015

US Non Farm Payroll Report ( January 9 , 2015 ) - Once you consider very low labor participation number and bad average hourly earning data , not so hot ...... prospects for the months ahead cloudy - factoring closures and layoffs and effects of oil price slam !


Tweets.......

Supposedly 9 of 14 sectors outperformed their twelve month average....


Squawk: US employment report: I'm not impressed.This was not an impressive...



US employment report: I'm not impressed.This was not an impressive report, but does the market care, seems to be the immediate question. Total job gains, with upward revisions to November non-farm payrolls (now +353k vs. +321k reported for +32k gain) in addition to a small beat on the December payrolls change to +253k looks okay, but consider a desperately bad Average Hourly Earnings change of -0.2% MoM and +1.7% YoY after +2.1% for the latter in November (revised down to 1.9%) encourages the view that the Fed may sit on its hands for a while. Fed funds futures rallying on this.
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Every Major Industry Added Jobs In December: The jobs report beat expectations for non-farm payroll growth, wi...






Civilian employment to population















Links.......
1/1/15 - 1/10/15  closings announced....

Mass Closures