Friday, February 3, 2012

Jan. Nonfarm Payrolls - 2/3/12

Jan. Nonfarm Payrolls: +243K vs. consensus of +125K, +203K (revised) in Dec. Unemployment 8.3% vs 8.5% expected. Avg. hourly earnings +0.2%. to $23.29. Workweek unchanged at 34.5.NFP report: Revisions to Q4 numbers adds 60K jobs to those reports. The BLS also reports a Census Bureau (which conducts the Household Survey) reorganization had no impact on the reported numbers.

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