U.S. Employment Situation – April 2013

Nonfarm payrolls beat expectations, including some nice upward revisions.  The data reverses the pessimism that was building about a summer swoon.  The S&P500  couldn’t of had a better set-up going into the number.

Here’s the BLS,

Total nonfarm payroll employment rose by 165,000 in April, and the unemployment  rate was little changed at 7.5 percent, the U.S. Bureau of Labor Statistics  reported today. Employment increased in professional and business services,  food services and drinking places, retail trade, and health care…

The change in total nonfarm payroll employment for February was revised from +268,000 to +332,000, and the change for March was revised from +88,000 to +138,000. With these revisions, employment gains in February and March combined were 114,000 higher than previously reported.


BLS_2BLS_3(click here if charts are not observable)

This entry was posted in Employment and tagged , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.