Tag Archive for Unemployment

Today’s jobs report: a wake-up call or an aberration? Sober Look

Today’s payrolls shocker (see story) sent treasury yields sharply lower. As discussed last month (see post), speculative investors have piled into the market and were forced to cover their shorts after the jobs report. Going forward, until there is more visibility on the labor markets, investors will be more cautious shorting treasuries.

October Jobs Report: Labor Force Shrinks to 35-Year Low – Money Morning

Despite worries the 16-day government shutdown would weigh on job growth, the October jobs report was surprisingly strong.

That’s what the government is reporting, anyway…

According to the Labor Department numbers released today (Friday), employers increased headcount by 204,000 in October, handily beating the 120,000 many economists expected. The government report also showed revisions to late summer numbers, revealing an extra 60,000 jobs total were created in August and September.