The October Jobs Report in 9 Charts - Real Time Economics - WSJ

 

october jobs report

jobs over the month and 80, jobs over the year. Building material and garden supply stores added 9, jobs over the month. Employment showed little change over the month in construction, manufacturing, transportation and warehousing, and leisure and hospitality. Job growth in these industries has moderated thus far in compared with Nov 01,  · October's nonfarm payrolls report Friday could bring some good news for the jobs market, which might be bad news for the stock market. The Labor Department's count Author: Jeff Cox. Nov 03,  · U.S. employers hired at a strong pace in October, and revisions showed the labor market weathered hurricane damage better than previously estimated. While the monthly pace of Author: Josh Zumbrun.


October jobs report, November 2,


Note: If october jobs report are running Internet Explorer 10 and above, make sure it is not in compatibility mode. Nonfarm payrolls rose by , a pickup from September.

The unemployment rate fell to 4. Here's a deep dive into the report in chart form. The Labor Department october jobs report September's job loss ofto a gain of 18, restoring the U. With that revision and October's gain, the U. Chelsey Dulaney. The Nasdaq rose 0. The year Treasury note yield was down 0.

All are little changed from before the report. Investors have largely ignored a long series of potentially market moving events this week, and they seem to be doing the same with the jobs report. We'll see if it holds through the day.

Ben Eisen. The October jobs report showed that private-sector wages were stagnant last month, a sign that the Federal Reserve continues to combat persistently low inflation and that it could alter its interest-hike path.

The WSJ dollar index, which measures the greenback against 16 other currencies, was effectively flat, while the yield on the year Treasury note slipped to 2. Michael Wursthorn, october jobs report.

The jobs report may be a bit weak relative to expectations, but it's not october jobs report enough to throw an expected rate increase next month off course. In fact, if anything it's bolstering expectations, october jobs report. October jobs report unemployment rate ticked lower to 4.

Wage growth continues to be sluggish, with average hourly earnings adding rising just 2. Chris Dieterich. October jobs report benchmark year Treasury note yield traded at a recent october jobs report. They closed at 2. Daniel Kruger. Analysts have cautioned against reading too much into the October jobs report, which was likely impacted by hurricanes that battered the U.

Despite the hurricane-related noise, Contingent Macro analysts note that "the data still shows a very modest slowdown in the pace [of] job creation. Gold futures inched slightly higher after the report hit. They're now little changed on the day after being down 0.

Although the U. Amrith Ramkumar. Quincy Krosby, the chief market strategist at Prudential Financial, said the flat average hourly earnings were a particular disappointment. With that shadow looming over the report, economic data releases leading up to the next employment report will become more important, she said. Erik Holm. While Friday's payrolls data suggest the labor market remains on a solid trajectory, it does little to bolster the case for the Federal Reserve to tighten monetary policy at a faster pace than expected next year.

Expectations of rising rates tend to boost the dollar, as rising borrowing costs make the currency more attractive to investors seeking yield, october jobs report. The number october jobs report the economy struggling to shift into a higher gear," said Joe Manimbo, a currency strategist with Western Union. He says it leaves the dollar "ripe for more profit taking. Ira Iosebashvili. October's surprise slip in wages drags down the annual october jobs report of growth to 2.

Before Friday's report, analysts and investors had been growing more optimistic that wage growth was accelerating after September's 0.

While October's figure was likely impacted by hurricanes, it is likely to raise questions among investors about the path for inflation. BMO Capital Markets analysts write the report shows it's "back to 'more of the same' as the hurricane impact fades. The labor-force participation rate slipped to The prior reading was the highest in years—and the participation rate slipped in October back to level recorded this spring.

The participation rate counts the share of adults holding or seeking jobs and the headline unemployment rate is suppressed when fewer people are actively looking for work, october jobs report.

Unemployment last month ticked down to 4. Chris Dieterich, Eric Morath. The rebound in hiring after recent hurricanes benefited workers in food services and drinking places, october jobs report, according to the employment report, october jobs report. In October, those sectors added 89, workers, a sharp rise after a decrease of 98, in September, when workers were cut because of the hurricanes.

Professional and business services hired 50, workers last month, which fits with recent trends. Manufacturing jobs rose by 24, bringing the total additional jobs in the space tosince November of last year, a recent low. A broad measure of unemployment and underemployment known as the U-6, which includes people stuck in part-time jobs and others, was 7. That was the lowest monthly reading since Eric Morath. The yield on the year Treasury note dropped 0. Gold futures, which had been down on the day, reversed higher.

The Labor Department's revised readings on August and September reflect a stronger backdrop for hiring. Total nonfarm payroll employment for August was revised up fromto , while the September was revised up fromto 18, Average hourly earnings fell by one cent, october jobs report, or 0.

That fell short of economists' expectations for a 0. Investors have been focused on wage growth this year as they search for signs that tepid inflation is finally beginning to firm. In theory, strong wage growth would allow companies to october jobs report prices. The U. Unemployment ticked down to 4. LinkedIn, the professional networking company, released its monthly workforce report this morning. Their takeaway: hiring remained strong in October.

Here's a bit more from them:. Seasonally-adjusted hiring hiring that excludes seasonal hiring variations—like companies hiring less in December due to the holiday season was 0. The industries that experienced the biggest year-over-year increase in hiring in October were oil and energy The Labor Department releases its October employment report Friday, october jobs report. Economists surveyed by The Wall Street Journal expect employers addedjobs and see the unemployment rate holding steady at 4.

Keep october jobs report mind that there has already been an upbeat jobs report this week, auguring well for the Labor Department's October nonfarm payroll number.

Private sector employment increased byjobs from September to October, according to the October ADP national employment report. That translates intoprivate payrolls over the past two months. In short, this week's strong ADP number suggests an imminent rebound in the Labor Department's hurricane-skewed jobs figure. The yield on the year Treasury note is up 0. If the calm continues after the report, it would cap a remarkable week of low volatility during an otherwise action-packed stretch.

There's been no shortage of news, between the first charges in Special Counsel Robert Mueller's investigation, a new tax proposal from House Republicans, and the nomination of a new Federal Reserve chair, october jobs report. Dow Jones, a News Corp company. News Corp is a network of leading companies in the worlds of diversified media, news, education, and information services.

Dow Jones. News Corp. Live Analysis. Last Updated Nov 3, at am ET. Recent Highlights. The October Jobs Report in 9 Charts. September Revision Restores U. Job-Growth Record. Stocks October jobs report at the Opening Bell. Read Full Article. Markets are acting like the jobs report never really happened.

Weak wage growth could stall the dollar's rise and strengthening bond yields. Facebook Twitter. October Jobs Report by october jobs report Numbers. Per Mr. Over the past year the participation rate has moved little. Some more stats on sectors of the labor market, per the October report: Professional and business services hired 50, workers last month, which fits with recent trends.

Health care jobs rose by 22, including 16, in ambulatory health care services. Hiring Rebounds in October.

 

 

october jobs report

 

October Jobs Report: Everything You Need to Know. Dow Jones, a News Corp company. News Corp is a network of leading companies in the worlds of diversified media, news, education, and information Author: Wall Street Journal. Nov 03,  · U.S. employers hired at a strong pace in October, and revisions showed the labor market weathered hurricane damage better than previously estimated. While the monthly pace of Author: Josh Zumbrun. Nov 01,  · October's nonfarm payrolls report Friday could bring some good news for the jobs market, which might be bad news for the stock market. The Labor Department's count Author: Jeff Cox.