Non-Farm Payrolls Surprised To The Upside In February

As I expected non-farm payrolls came out yesterday at -36.000 for February vs. -50.000 consensus and a revised -26.000 figure for January. Unemployment rate was unchanged at 9.7% vs. 9.8% consensus.

We could say that the job losses for U.S. economy are approaching its end.

Chart 1. Unemployment Rate & Non-Farm Payrolls Change

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Nonfarm Payrols, U.S. Unemployment, Unemployment Rate

This entry was posted on March 6, 2010, 3:24 pm and is filed under Markets. You can follow any responses to this entry through RSS 2.0. You can leave a response, or trackback from your own site.

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Non-Farm Payrolls Surprised To The Upside In February

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