Intraday Economic News: January Nonfarm Payrolls Gain 243,000 Jobs; Unemployment Rate Falls To 8.3% Feb 12
- Language: English
- Published: February 2012
Payrolls gained 103,000 jobs in September, which was about twice consensus expectations. Although the Verizon workers coming back to work added 45,000 jobs, it comes after both August and July were sharply revised upward, to 57,000 new jobs (was flat) and 127,000 new jobs (was up 85,000), respectively. The unemployment rate held at 9.1%. The report came in much better than expectations, to help reduce double-dip fears and give stock prices a lift today....
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