Friday, May 8, 2009

April Employement Situation 2009

--Non-form Payrolls fell by 539k, after losing 699k in March, beating the est. 600k --Jobless rate soared to 8.9% from 8.5% in March, in line with expectation --Excluding government hires, 70k, private payroll fell by 611k, 80k less than 693k in March 2009 --The decline of payroll loss occur accross the board, with servic sector improving most --Payroll numbers in servic sectors 112k from -381k to -269k and numbers in goods-producting sector increased 48k payrolls --The employment numbers show the signs of stalization

No comments: