Friday, January 5, 2018

Comments on December Employment Report

The headline jobs number was below consensus expectations at 148 thousand, probably somewhat due to weather (snow) during the reference week in December (Weather was the reason I took the "under"). The previous two months were revised down slightly by a combined 9 thousand jobs. Earlier: December Employment Report: 148,000 Jobs Added, 4.1% Unemployment Rate In December, the year-over-year change was 2.055 million jobs. This is still generally trending down. Average Hourly Earnings Click on graph for larger image. This graph is based on "Average Hourly Earnings" from the Current Employment......(read more)
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