February
Nonfarm Payrolls: +236K vs. consensus +160K, 119K
previous (revised from +157K). Unemployment rate 7.7% vs.
consensus 7.9%, 7.9% previous.
More on Nonfarm Payrolls: Revisions to December (up) and January (down) subtract a net 15K jobs. Average hourly workweek +0.1 to 34.5 hours. Average hourly earnings +$0.04 to $23.82. Labor force participation rate declines 0.1 to 63.5%. Government loses 10K jobs. Construction (i.e., housing) gains 48K jobs, the largest print in 6 years
More on Nonfarm Payrolls: Revisions to December (up) and January (down) subtract a net 15K jobs. Average hourly workweek +0.1 to 34.5 hours. Average hourly earnings +$0.04 to $23.82. Labor force participation rate declines 0.1 to 63.5%. Government loses 10K jobs. Construction (i.e., housing) gains 48K jobs, the largest print in 6 years
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