Third Strong Payroll Number +292,000; Unemployment Unchanged at 5.0%
Friday, January 8, 2016 10:45
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by Mike “Mish” Shedlock
MISH’S Global Economic Trend Analysis
Initial Reaction
For the third consecutive month we see a strong headline payroll number. The Bloomberg Consensus estimate was 200,000 jobs and the headline total was 292,000. The unemployment rate was steady to 5.0%, the lowest since April 2008.
BLS Jobs Statistics at a Glance
- Nonfarm Payroll: +292,000 – Establishment Survey
- Employment: +485,000 – Household Survey
- Unemployment: -20,000 – Household Survey
- Involuntary Part-Time Work: -63,000 – Household Survey
- Voluntary Part-Time Work: +72,000 – Household Survey
- Baseline Unemployment Rate: +0.0 at 5.0% – Household Survey
- U-6 unemployment: +0.0 at 9.9% – Household Survey
- Civilian Non-institutional Population: +189,000
- Civilian Labor Force: +466,000 – Household Survey
- Not in Labor Force: -277,000 – Household Survey
- Participation Rate: +0.1 at 62.6 – Household Survey
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Source: http://financialsurvivalnetwork.com/2016/01/third-strong-payroll-number-292000-unemployment-unchanged-at-5-0/?utm_source=rss&utm_medium=rss&utm_campaign=third-strong-payroll-number-292000-unemployment-unchanged-at-5-0
