Dollars and Jens
Friday, February 06, 2004
 
latest numbers
5.6% unemployment rate, 112,000 increase in "nonfarm payrolls", i.e. the establishment survey, with last month's number upgraded from 1,000 to 16,000. Apparently the bond traders had a whisper number of 300,000 on the payroll number, so bond futures shot up on the release.

If you follow the link provided, you can see that the household survey indicates an increase in total employment of basically 500,000, so there's a bit of divergence here.


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