Friday, November 4, 2011

US Employment data

US employers added 80K jobs in Oct vs est for 95K.

Private employers added 104K jobs vs est of 125K.

Unemployment rate declines to 9% vs estimate for an unchanged 9.1%.

Revisions added a combined 102K jobs during Sep and Aug.

Data is POSITIVE for commodities in the backdrop of revised higher hiring in
the prior two months.

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

No comments:

Post a Comment