Weak BLS Employment Situation Report
BLS Employment Situation Reports (September 2015)
– Nonfarm Payrolls month/month +142,000. Previous revised from +173,000 to +136,000
– Unemployment Rate 5.1%. Same as previous
– Private Payrolls month/month 140,000 118,000. Previous was revised from +140,000 to +100,000
– Participation Rate 62.4 . Previous was 62.6%
– Average Hourly Earnings month/month +0.0%. Previous was +0.4%
– Average Workweek – All Employees 34.5 hours. Previous was 34.6
This is much weaker than expected.
Factory Orders (August 2015)
– Factory Orders month/month -1.7%. Previous was +0.2%.