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4 Responses to “NFP +151,000”
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Recent Comments:
- Sean Lee: Expat, to best of my knowledge, .9760/.9857, .7542/.7625, 79.38/72, 1.2530/95
- Sean Lee: Not that I’m aware of Michael, all sorts of different speccy players are main buyers, hedge funds,...
- ExpatWatcher: Sean – could I trouble you to please publish the interbank ranges since the Monday openings for...
- Michael: Thank you for the information, Sean. Do you know if there is any kind of heavy sovereign buying into AUD,...
- Mike: NZDUSD is above 200 hour MA, first time since 5/2 which was the beginning of its fall.
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good number..very much needed ..still not enough i think
I must disagree and say very bad number…here is why:
Size of civilian labor force decreased by 250,000.
Not in Labor Force increased by 462,000.
Participation rate at 25 yr low….
More people are leaving the labor force far faster than jobs can be created.
42.3 Million on SNAP..aka food stamps (another new record)
Market took it as a bad number as well… again….
All depends on where you’re standing. I would estimate Obama needs another 5 million jobs in the next 2 years to run for a second term… which means NFP will need to average over +200k/month. Tax cuts can cut gridlock.