Friday, October 8, 2010

October Employment Situation

Non-farm employment graph:
Non-farm employment in September declined 95,000, following a -54,000 dip in August. Economists median forecast was -8,000 but it fall significantly more than consensus. Government payrolls declined 159,000 after decreasing 150,000 in August. It was due to loss of 77,000 temporary Census 2010 jobs.