Friday, September 7, 2012

August Jobs Report - 9/7/12 - September 7, 2012 - Employment Report

Non-Farm Payrolls & Unemployment Rate - 9/7/12 September 7, 2012

Each month the Current Employment Statistics (CES) program surveys about 141,000 businesses and government agencies, representing approximately 486,000 individual worksites, in order to provide detailed industry data on employment, hours, and earnings of workers on nonfarm payrolls.
 
The Employment Situation for August 2012 is scheduled to be released on September 7, 2012, at 8:30 A.M. Eastern Time.The consensus estimate for the jobs number has the US gaining 120,000 jobs in August 2012.  The estimate for the unemployment rate is 8.2%.  

The jobs number in July was 165,000.  This report caused the stock market to rise significantly.

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