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Friday, September 7, 2012

August Nonfarm Payrolls - 9/7/12

August Nonfarm Payrolls: +96K vs. consensus +125K, prior +163K. Unemployment rate 8.1% vs. consensus 8.3%, 8.3% previous

More on Nonfarm Payrolls: June's job gains are revised down as well, putting the 2-month negative revision to -41K. Labor force participation rate falls to 63.5% from 63.7% in July (there's your headline UE decline), and from 64.1% a year ago. Average workweek is unchanged at 34.4 hours. July's average workweek is revised down to 34.4 hours

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