Nonfarm Payrolls At +162.000 / Unemployment Rate At 9.7% | Tainted Alpha

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Nonfarm Payrolls At +162.000 / Unemployment Rate At 9.7%

April 2nd, 2010 by Belisarius

Nonfarm payrolls increased 162.000 in March. The consensus was at 200.000, revised reading for March was -14.000. The unemployment rate remained at 9.7%.

Below consensus reading, despite census hiring. Weather impact was 100.000, so “core” +60.000 is not much of an improvement.

Chart 1. Nonfarm Payrolls & Unemployment Rate

Source: BLS

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Nonfarm Payrols, Unemployment Rate

This entry was posted on Friday, April 2nd, 2010 at 9:44 am and is filed under U.S. Economic Data. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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