Posted by jackbnimble on 5th of May 2023 at 11:40 am
Weird report. The topline figure beats by 70k, but they revised
the last two month's report DOWN by 150k. Worth watching for
another revision next month. Also, wages are up .5% MoM - bad for
wage-driven inflation. If CPI comes high on the 10th, we might just
see another 25bp hike.
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Weird report. The topline figure
Nonfarm Payrolls (Apr) 253K vs 180K Est.
Posted by jackbnimble on 5th of May 2023 at 11:40 am
Weird report. The topline figure beats by 70k, but they revised the last two month's report DOWN by 150k. Worth watching for another revision next month. Also, wages are up .5% MoM - bad for wage-driven inflation. If CPI comes high on the 10th, we might just see another 25bp hike.