Posted by sbaxman111 on 2nd of Sep 2016 at 11:13 am
Sep 2, 2016
Nonfarm Payrolls for August came out this morning and
showed that the US added 151,000 jobs for the month. That was
29,000 weaker than the consensus economist estimate of 180,000.
We looked back at all August NFP reports since 1998. As
shown below, this was the sixth consecutive year that the August
jobs report missed estimates going back to 2011. Since 1998,
15 of 19 August jobs reports have missed estimates, so today’s miss
was definitely not out of the norm!
Sep 2, 2016 Nonfarm Payrolls for
Posted by sbaxman111 on 2nd of Sep 2016 at 11:13 am
Sep 2, 2016
Nonfarm Payrolls for August came out this morning and showed that the US added 151,000 jobs for the month. That was 29,000 weaker than the consensus economist estimate of 180,000. We looked back at all August NFP reports since 1998. As shown below, this was the sixth consecutive year that the August jobs report missed estimates going back to 2011. Since 1998, 15 of 19 August jobs reports have missed estimates, so today’s miss was definitely not out of the norm!
job report
Posted by valgata on 2nd of Sep 2016 at 12:13 pm
It seems like they rather put out higher number than lower as an estimate. Why would that be the case?