Friday, January 9, 2009

Unemployment Data

So the story for the lower volume and yo-yo market has been the street is waiting for the jobs data to be released...

what is expected

Change in Nonfarm Payroll -525k
Unemployment Rate 7%
Change in Manufac. Payrolls -100k

What we got:
Change in Nonfarm Payroll -524
Unemplyment Rate 7.2
Change in Manufac. Payroll -149k

Let's see if there is any follow through in the trading after intital movement ...


posted by Peter Greene

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