economy fed jobs NFP unemployment

Jobs Report: Payrolls, AHE Both Miss, Unemployment Rate Ticks Lower

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2 comments on “Jobs Report: Payrolls, AHE Both Miss, Unemployment Rate Ticks Lower

  1. […] Ok, so again, this has all unfolded against a stretched spec short position with the implication being that that position is getting squeezed. Indeed, the latest CFTC data shows specs bought dollars across currencies in the week through Tuesday. Just to give you an idea of how reluctant everyone suddenly is to fade the rally, have a look at how quickly the dollar snapped back after a brief knee-jerk lower following the payrolls and AHE miss on Friday: […]

  2. […] was a miss. That’s a welcome reprieve for markets and comes on the heels of last week’s weaker-than-expected payrolls and average hourly earnings […]

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