US Private Jobs in March Less Than Expected, Unemployment and Wages Steady

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  • #16013
    TradersCom
    Keymaster

    March non farm payrolls added 103,000 jobs, lower…

    [article]697[/article]

    #16014

    ^^^ Thank you … the only silver lining is that 103,000 might slow down the HAWKISH FED a quarter or so from raising rates 🙂

    #16082
    Helmholtz Watson
    Participant

    Dallas Fed Kaplan:

    Have labor shortages, especially for skilled labor
    We’ll see some firming in inflation pressures this year

    #16084
    Helmholtz Watson
    Participant

    Atlanta Fed GDPNow Lowered +2.0% from +2.3% priorA

    “After the employment report from the U.S. Bureau of Labor Statistics on April 6, the nowcast of first-quarter real consumer spending growth fell from 1.3 percent to 1.1 percent and the nowcast of first-quarter real private fixed investment growth fell from 5.3 percent to 4.5 percent”

    #16249
    TradersCom
    Keymaster

    Weekly US initial jobless claims for week ending April 14 232K vs 230K expected, Prior 233K
    Continuing claims 1863K vs 1845K exp

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