Markets Trade to Session Highs Amid Soft Jobs Numbers
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Change in Nonfarm Payrolls 161K vs 173K Expected; UE Rate 4.9% vs 4.9% Expected
November 4, 2016 8:30 AM EDTChange in Nonfarm Payrolls 161K vs 173K Expected; UE Rate 4.9% vs 4.9% Expected
Total nonfarm payroll employment rose by 161,000 in October, and the unemployment rate was little changed at 4.9 percent, the U.S. Bureau of Labor Statistics reported today. Employment continued to trend up in health care, professional and business services, and financial activities.
Household Survey Data
The unemployment rate, at 4.9 percent, and the... More

