- Prior 321k. Revised to 353k
- Unemployment rate 5.6% vs 5.7% exp. Prior 5.8%
- Average hourly earnings -0.2% vs +0.2% exp m/m. Prior 0.4%. Revised to 0.2%
- 1.7% vs 2.2% exp y/y. Prior 2.1%. Revised to 1.9%
- Average weekly hours 34.6 vs 34.6 exp. Prior 34.6
- Participation rat 62.7% vs 62.8% prior
- Private payrolls 240k vs 228k exp. Prior 314k. Revised to 345k
- Manufacturing payrolls 17k vs 15k exp. Prior 28k. Revised to 29k
- Household employment 111k vs 310k exp. Prior 4k. Revised to 71k
Unemployment rate down but earnings take a big drop . Big revision to last month
On balance a mildly bullish report but the big worry is those earnings numbers. To go negative is a big backwards step and that will have the doves cooing in the trees.
USD/JPY initially dropped to 118.80 before jumping to 119.45. EUR/USD traders taking any excuse to batter the euro further as it’s knocked down to 1.1775 from a 1.1832 pop. Currently at 1.1796
US non-farm payrolls 09 01 2015
