April Nonfarm Payrolls Rose 115.000; Private Payrolls Up 130.000; Unemployment Rate At 8.1%
(For April 2012)
Nonfarm payrolls rose 115.000 in April; Consensus was at 160.000; March reading was an increase of 154.000 (revised up 34.000). Unemployment was reported at 8.1% vs. prior reading and consensus of also 8.2%.
Private payrolls were up 130.000 vs. 165.000 consensus and 166.000 reading in March (revised up 45.000).
Bellow consensus for April, but if we calculate in revisions we’re close to consensus. Disappointing figures if you were of an opinion that initial jobless claims were not affected by distorted seasonal patterns and warmer weather.
Nonfarm Payrols, Private Payrolls, U.S. Average Weekly Hours Worked, Unemployment Rate