- Change in Nonfarm Payrolls (Released 8:30 EST)
- Unemployment Rate (Released 8:30 EST)
- Change in Manufacturing Payrolls (Released 8:30 EST)
- Average Hourly Earnings MoM (Released 8:30 EST)
- Average Hourly Earnings YoY (Released 8:30 EST)
- Average Weekly Hours (Released 8:30 EST)
- Factory Orders (Released 10:00 EST)
- Factory Orders TABLE (Released 10:00 EST)
Change in Nonfarm Payrolls (Apr)
Survey | -75K |
Actual | -20K |
Prior | -80K |
Revised | -81K |
Upside surprise – staying above recession levels, and a lagging indicator.
[top]
Unemployment Rate (Apr)
Survey | 5.2% |
Actual | 5.0% |
Prior | 5.1% |
Revised | n/a |
Still trending higher, but not at recession levels, and a lagging indicator as well.
And still very near what the fed considers full employment, putting inflation expectations at risk of elevating for the mainstream.
[top]
Change in Manufacturing Payrolls (Apr)
Survey | -35K |
Actual | -46K |
Prior | -48K |
Revised | n/a |
Better than expected, not at recession levels.
[top]
Average Hourly Earnings MoM (Apr)
Survey | 0.3% |
Actual | 0.1% |
Prior | 0.3% |
Revised | n/a |
Lower than expected, indicating wages still well anchored, at least in this report.
[top]
Average Hourly Earnings YoY (Apr)
Survey | 3.6% |
Actual | 3.4% |
Prior | 3.6% |
Revised | n/a |
Coming off some but still moving up at a reasonably pace.
[top]
Average Weekly Hours (Apr)
Survey | 33.7 |
Actual | 33.7 |
Prior | 33.8 |
Revised | n/a |
[top]
Factory Orders (Mar)
Survey | 0.2% |
Actual | 1.4% |
Prior | -1.3% |
Revised | -0.9% |
[top]
Factory Orders TABLE
Upside suprise, same story – domestic weak, export sector strong.
[top]