Eric Wallerstein
Eric Wallerstein

@ericwallerstein

3 Tweets 1 reads Nov 03, 2023
Nonfarm payrolls: +150k vs 170k expected in Oct
Aug & Sept figures revised down combined 101K
10-year yield down to 4.57%
Unemployment up (3.9% vs 3.8% exp), labor force participation down (62.7% vs 62.8% prior), average hourly earnings weaker than expected (0.21% m/m vs. 0.3% exp)
"Among the unemployed, the number of permanent job losers increased by 164,000 over the month to
1.6 million" - BLS

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