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Financial Markets Blindsided By Weak August and September Jobs Data

Financial Markets Blindsided By Weak August and September Jobs Data

4 Years ago | October 04, 2015 00:00:00

John M. Bland


Surprisingly Weak September Jobs Data

Almost everyone was blindsided by the weak September Jobs report released on Friday, which saw employment increase only +142,000, when a rise of about +200,000 had been expected. Furthermore, the August figure was revised down to +136,000 after an initial reading of +173,000. An upward revision to the August data had been widely expected. On top of this, the average number of hours worked per week fel

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