Prepare For Liftoff; Jobs Report Good Enough To Warrant Hike

Prepare For Liftoff; Jobs Report Good Enough To Warrant Hike

"She'll do". Or maybe "good enough" is the better description. The US economy added 161K jobs in October, missing consensus of  173k  (forecast range +105k to +208k). September's print was revised up to 191K from an initial reading of 156K. Here are the highlights via Bloomberg: Nonfarm payrolls, net revisions, added 44k from prior two months Participation rate 62.8% vs prior 62.9% Avg. hourly earnings m/m 0.4%, est. 0.3%, prior 0.3% Y/y 2.8%, prior 2.7% est. 2.6% Nonfarm private p
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One thought on “Prepare For Liftoff; Jobs Report Good Enough To Warrant Hike

  1. WHAT will .25% really do? How about nothing…. KEEP IN MIND THAT THE RATS HAVE BEEN PUSHING THE HEROIN BAR FOR SO LONG THE JONES-ING WILL CONTINUE ON AND ON UNTIL AS MUCH AS THESE CROOKS CAN GET AWAY WITH. JUST A THOUGHT.

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