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US Unembployment hits 9.4%
Comments
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Figures queried
.Newedge Group note some commentators might attribute the better-than-expected outcome to the birth/death model adjustment, which added 220,000 jobs. One trader says: "So if you take this 'assumption adjustment' out of the equation, May's non-farm payroll number would actually have been 565,000. Guess we'll just have to wait for the adjustment next month...in short, part of the nonfarm payrolls report is speculation." Newedge Group adds'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0 -
Figures queried
.Newedge Group note some commentators might attribute the better-than-expected outcome to the birth/death model adjustment, which added 220,000 jobs. One trader says: "So if you take this 'assumption adjustment' out of the equation, May's non-farm payroll number would actually have been 565,000. Guess we'll just have to wait for the adjustment next month...in short, part of the nonfarm payrolls report is speculation." Newedge Group adds
beat ya !!:rotfl:Please take the time to have a look around my Daughter's website www.daisypalmertrust.co.uk
(MSE Andrea says ok!)0 -
part of the nonfarm payrolls report is speculation.
All of the Non-Farm payroll report is speculation.
The first release is an estimate extrapolated for the whole nation.
The second release still uses a mix of actual figures and estimates.'In nature, there are neither rewards nor punishments - there are Consequences.'0 -
inspector_monkfish wrote: »
There is mutter that May"s Non-Farm Payroll number should have been closer ton minus 565k than its actual minus 345k re: BLS births/deaths assumptions. GBP/USD leapt to an intra-day peak of 1.6245 in a knee-jerk reaction to May"s forecast-busting NFP number.
Monthly non-farm payrolls are generally considered to be inaccurate, they can be 200,000 jobs off either way. The trend matters, this months figure does not.“The ideas of debtor and creditor as to what constitutes a good time never coincide.”
― P.G. Wodehouse, Love Among the Chickens0
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