Markets Trade to Session Highs Amid Soft Jobs Numbers

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Go back to Markets Trade to Session Highs Amid Soft Jobs Numbers

Change in Nonfarm Payrolls 161K vs 173K Expected; UE Rate 4.9% vs 4.9% Expected

November 4, 2016 8:30 AM EDT

Change 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.

Hurricane Matthew affected parts of the East Coast during the October reference| |periods for the establishment and household surveys.

Household Survey Data

The unemployment rate, at 4.9 percent, and the... More