https://www.bls.gov/news.release/empsit.nr0.htm
Consensus forecast was for an increase of 65,000 jobs and for the unemployment rate to remain at 4.3%, so actual figures surprised positively for jobs.
Revisions to previous months' job totals amounted to -16,000 combined. February was revised down by 23,000 (-133,000 to -156,000), and March was revised up by 7,000 (+178,000 to +185,000).
FRED graphs of key employment data over the past five years:
* Monthly change (in thousands) in nonfarm payroll employment levels.
Posted by JeromesNiece
3 Comments
Look I’m unemployed so I’m all for hiring picking up again, but we’ve seen so many downward revisions the past year or so that I’m going to take this with a grain of salt.
It seems like a lot of the awful job numbers we got in the second half of last year were due to the tariffs. With those being rescinded now and companies getting back refunds for tariff duties it seems like the job market is heading back to normal trends now.
Can’t trust cooked numbers