Non-agricultural employment increased by 336,000 more than expected in September 🤔
Nonfarm payrolls data released last Friday showed that the number of employed people increased by 336,000 in September, which was almost double market expectations and the largest monthly increase since January. The previous value was also revised upward. August and July was revised up to 227,000 (+40,000) and 236,000 (+79,000) respectively, showing a strong job market overall, with the service industry being the strongest, with an increase of 234,000 jobs, followed by leisure and The hotel industry increased by 96,000, and education and health care increased by 70,000. However, the overall unemployment rate also reached a seven-month high of 3.8%, and hourly wage growth slowed to 0.2% month-on-month (0.4% in July). %). Finally, as the economic situation slowed down, the labor force began to increase again. After the labor force surged by 736,000 people in August, it further increased by 90,000 people in September, and the labor force participation rate remained stable at 62.8%.
#服务业 #失业率 #经济形势 #劳动参与率 #宏观经济
Nonfarm payrolls data released last Friday showed that the number of employed people increased by 336,000 in September, which was almost double market expectations and the largest monthly increase since January. The previous value was also revised upward. August and July was revised up to 227,000 (+40,000) and 236,000 (+79,000) respectively, showing a strong job market overall, with the service industry being the strongest, with an increase of 234,000 jobs, followed by leisure and The hotel industry increased by 96,000, and education and health care increased by 70,000. However, the overall unemployment rate also reached a seven-month high of 3.8%, and hourly wage growth slowed to 0.2% month-on-month (0.4% in July). %). Finally, as the economic situation slowed down, the labor force began to increase again. After the labor force surged by 736,000 people in August, it further increased by 90,000 people in September, and the labor force participation rate remained stable at 62.8%.
#服务业 #失业率 #经济形势 #劳动参与率 #宏观经济