Prior was -32KGoods-3K versus -19K last monthService +44K versus -13K last monthsmall business vs -120K prior (6 of the last 7 months have been negative)medium businesses vs +51K priorlarge businesses vs +39K priorWages for job stayers +4.4% vs +4.5% for job stayersWages for job changers 6.6% vs 6.3% prior
The initial market reaction to the report has been mum but we’ve seen some small bids in bonds.
The next Bureau of Labor Statistics (BLS) non-farm payrolls report (Employment Situation) is scheduled for Friday, January 9 at 8:30 am ET as we slowly catch up on economic data after the US government shutdown. The bad news is that there is already talk of another shutdown.
This article was written by Adam Button at investinglive.com.