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Banenmarktcijfers.pdf

20231103_OMS-jobs-Boockvar.pdf
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🔗 Source: images.mauldineconomics.com
📊 Size: 129 KB
👤 Author: Patrick Watson
⬇️ Downloads: 24

Summary

The US jobs data for October 2023 was weaker than expected, with 150,000 payrolls added, 30,000 less than expected, and revisions to prior months totaling 101,000 fewer jobs. The unemployment rate rose to 3.9%, the highest since January 2022, and the U6 measure increased to 7.2%. The labor market showed softness, with a decline in the work week, hourly earnings, and participation rate, and an increase in multiple job holders and part-time workers due to "slack work". The manufacturing sector shed 35,000 jobs, while private education and health led the hiring. The 3-month pace of hiring averaged 204,000, down from the 6-month and 1-year averages.

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Description

The US jobs data for October 2023 was weaker than expected, with 150,000 payrolls added, 30,000 less than expected, and revisions to prior months totaling...

Technical Information

  • File Format: PDF
  • File Size: 129 KB
  • Pages: 3
  • Language: EN
  • Author: Patrick Watson
  • Total Downloads: 24
  • Last Updated: 4 months ago

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