- Prior 252k Big seasonal revision to 329K
- Unemployment rate 5.7% vs 5.6% exp. Prior 5.6%
- Average hourly earnings 0.5% vs +0.3% exp m/m. Prior -0.2%
- 2.2% vs 1.9% exp y/y. Prior 1.7%
- Participation rate 62.9% vs 62.7% exp. Prior 62.7%
- Private payrolls 267k vs 223k exp. Prior 240k revised to 320k
- Manufacturing payrolls 22k vs 12k exp. Prior 17k revised to 26k
Big revision which are done annually so take that into account. Wages are probably the bigger news with a decent reversal of December. 118.00 being tested and these numbers are probably enough to break through that, and it is as I type as we trade 118.19
The jump in the participation rate signals that more people may have found the confidence to re-enter the jobs market
US non farm payrolls 06 02 2015
Dollar shorts couldn’t get out of the way of this one quick enough
