Monthly Jobs Report

[tsptalk]

Without the Gov't jobs, the unemployment rate would have been 4.5%.

https://www.zerohedge.com/economics...g-jobs-report-record-surge-government-workers

 

[tsptalk]

U.S. economy added just 12,000 jobs in October, impacted by hurricanes, Boeing strike

Nonfarm payrolls increased by 12,000 for the month, down sharply from September and below the Dow Jones estimate for 100,000.

The unemployment rate held at 4.1%, in line with expectations.

The BLS noted that the Boeing strike likely subtracted 44,000 jobs in the manufacturing sector, while hurricanes also likely held back the total.

Revisions lowered previously reported job creation totals by 112,000 for August and September combined.

https://www.cnbc.com/2024/11/01/us-jobs-report-october-2024.html

 

[Epic]

Employment Situation Summary - 2024 M11 Results

www.bls.gov

Transmission of material in this news release is embargoed until USDL-24-2477
8:30 a.m. (ET) Friday, December 6, 2024
Total nonfarm payroll employment rose by 227,000 in November, and the unemployment rate
changed little at 4.2 percent, the U.S. Bureau of Labor Statistics reported today. Employment
trended up in health care, leisure and hospitality, government, and social assistance. Retail
trade lost jobs.

 

[tsptalk]

US labor market finishes 2024 on high note, adding 256,000 jobs in December as unemployment falls to 4.1%

Data from the Bureau of Labor Statistics released Friday showed 256,000 new jobs were created in December, far more than the 165,000 expected by economists and higher than the 212,000 seen in November. The unemployment rate fell to 4.1% from 4.2% in November. December marked the most monthly job gains seen since March 2023.

https://finance.yahoo.com/news/us-labor-market-finishes-2024-on-high-note-adding-256000-jobs-in-december-as-unemployment-falls-to-41-181020710.html

 

[nasa1974]

US labor market finishes 2024 on high note, adding 256,000 jobs in December as unemployment falls to 4.1%

https://finance.yahoo.com/news/us-labor-market-finishes-2024-on-high-note-adding-256000-jobs-in-december-as-unemployment-falls-to-41-181020710.html

Looks like the market didn't care.

 

[tsptalk]

It cared about those high flying yields.