Friday, December 7, 2018

Comments on November Employment Report

The headline jobs number at 155 thousand for November was below consensus expectations of 190 thousand, and the previous two months were revised down 12 thousand, combined. The unemployment rate was unchanged at 3.7%.  Still this was a decent report. Earlier: November Employment Report: 155,000 Jobs Added, 3.7% Unemployment Rate In November, the year-over-year employment change was 2.443 million jobs. This is solid year-over-year growth. Seasonal Retail Hiring Typically retail companies start hiring for the holiday season in October, and really increase hiring in November. Here is a......(read more)
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