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September U.S. Jobs Data Disappoint

September U.S. Jobs Data Disappoint

3 Years ago | October 09, 2016 00:00:00

John M. Bland, MBA

Lacklustre U.S. Jobs Data
The September U.S. Jobs data missed street expectations. The data were softer, but they were not a disaster. Non Farm payrolls increased by +156K in the month but fell short of expectations for a gain of 175K. Those citing the upward revision to the August data could be losing sight of the fact that August was also a miss. the rebound in Average Hourly Earnings got it back to where it has been for a couple of years. The unemployment rate at 5.00% is well above where it was in June (

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