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US Nonfarm Payroll and Unemployment Rate: Difference between revisions
US Nonfarm Payroll and Unemployment Rate (view source)
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* Labor force participation rate was steady at 62.8%. | * Labor force participation rate was steady at 62.8%. | ||
* Job gains were led by leisure and hospitality (+96,000), government (+73,000), health care (41,000) and professional, scientific and technical services (29,000). | * Job gains were led by leisure and hospitality (+96,000), government (+73,000), health care (41,000) and professional, scientific and technical services (29,000). | ||
=== October === | |||
* U.S economy added 150,000 jobs in October<ref>https://www.bls.gov/news.release/pdf/empsit.pdf</ref>, up from 297,000 in August (revised down from 336,000) and lower than 180,000 estimate. | |||
* Unemployment rate was 3.9%, highest level since January 2022 and above 3.8% estimate. | |||
* Average hourly earnings rose 0.2%, lower than 0.3% estimate. | |||
* Labor force participation rate was at 62.7%, lower than 62.8% estimate. | |||
* Job gains were led by healthcare (+58,000), government (+51,000), construction(23,000) and social assistance (19,000). | |||
== Developments Cyclical Sectors == | == Developments Cyclical Sectors == | ||