Best Statistic of the Day: More people have walked on the moon (12) than have scored an earned run on Mariano Rivera (11) in the playoffs (141 innings).
Change in Nonfarm Payrolls
Change in Private Payrolls
Change in Manufact. Payrolls
Avg Hourly Earning MoM All Empl
Avg Hourly Earning YoY All Empl
Avg Weekly Earning YoY All Empl
Change in Household Employment
Uderemployment Rate (U6)
Wow! There is just no way around these numbers, they are stronger than moonshine! It’s a great report and confirmation of improvement in the economy. It’s a confirmation of the upward move in the market.
Payrolls increased more than forecast in February and the jobless rate unexpectedly fell to a five-year low of 7.7 percent.
Employment rose 236,000 last month after a revised 119,000 gain in January that was smaller than first estimated. The median forecast of 90 economists surveyed by Bloomberg projected an advance of 165,000. The jobless rate dropped from 7.9 percent. Hiring in construction jumped by the most in almost six years.