Friday, October 7, 2011

Jobs Data is Out

Jobs Data is OutTomahawk, VA 10/7/2011 (PennyPayDay) – The September reading of the Unemployment Rate is +9.1%

This was expected to be steady at 9.1%.

The net change in September for total non-farm payrolls is +103k and the net change for the private sector is +137k

Total payrolls were expected to be up 60k and the estimate for the private sector was +90k.

The September reading of Average Hourly Earnings is +0.2% on a monthly basis and the annualized rate is +1.9%

The monthly change for Earnings was expected to be +0.2% and the estimate for the annualized rate was +1.9%.

The September reading of the Average Work Week is 34.3 hours.
This was expected to be steady at 34.2 hours.

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