Here we go. This is the big Feb job jobs report. Non-farm payrolls minus 92,000 minus 92,000.That is a biggie. Minus 92,000 in last month's 130K downgraded to 126,000 minus 92,000. Well, what would that comp to minus.Wow. 185 in December of 2020. There's where our comp is now.That means we have a revision over 2 months now of -69,000. Average hourly earnings always important. Up 4/10, a little bit better than expected.Uh up 4/10 would equal where we were in the rear view mirror to find a higher number. You' ...

Hi, good morning, Kelly. Yes, it's job job jobs Wednesday. Not necessarily a Friday, but every bit as important.Non-farm payrolls for January coming in twice expectations at 130,000. 130K. That would be the juiciest going back to April of last year when it was 158.Now, if we look at a couple of months worth of revision, they came in at minus7,000. Now let's look for average hourly earnings month overmonth up 4/10en that's onetenth higher than both looking back and looking forward 4/10 would equal October la ...

Good morning and welcome to Yahoo Finance's special coverage of the January [music] jobs report. I'm Julie Hyman. Uh we are seeing futures push a little bit higher.Of [music] course, everything could change after this report. Let me run you through the expectations here in terms of non-farm payrolls and the the change that we are looking for here. 65,000 is the average estimate on the part of economist.um that would be a little bit of an uptick from the 50,000 that we saw the increase in December. So that's ...

Very good morning to you. So we're busy waiting for nonfarm payrolls. One and a half non-farm payrolls.Looking at us features a little bit weaker, weighing on sentiment for tech here in Europe as well. What do you make of the price action heading into the yet important data points. It's been very disappointing price action and I think this kind of choppy price action with a negative bent is going to be the dynamic for the festive period.I don't think it's so much about the jobs data. I think the job today i ...

Employment Growth - Non-farm payrolls increased by 119,000 in September, the highest since April's 158,000 increase [1] - The previous month's (August) job growth was revised down from 22,000 to a loss of 4,000 jobs [1] Unemployment Rate - The unemployment rate unexpectedly rose from 43% to 44% [1] - The last time the unemployment rate was at or above this level was in October 2021, at 45% [2] Labor Force Participation - The labor force participation rate increased to 624%, matching the level in May [2] - To find a higher labor force participation rate, one must go back to April of this year, when it was 626% [2] Average Hourly Earnings - Month-over-month average hourly earnings increased by 021% [3] - This increase is considered weak, as expectations were for a 03% increase, and the June increase was 02% [3] - A lower month-over-month increase was last seen in August 2023, at 011% [3] - Year-over-year average hourly earnings increased from 37% to 38% [3] - This 38% increase is the highest since July's 39% increase [3] - The high water mark for year-over-year average hourly earnings for the year remains at 39%, observed for four months [3]

We are just seconds away from that delayed jobs number. We're watching the futures this morning. They're up sharply ahead of that because of what we heard from Nvidia last night.Dow futures up by about 250 points. S&P futures up by over 80. The Nasdaq now indicated up by about 5 or 425 points.Take a look at what's been happening in the Treasury market. We have seen higher yields. The 10ear sitting right at 415.The 2-year at 361 ahead of all of this. Rick Santelli is standing by at the CME in Chicago. And Ri ...

Employment Contraction - ADP reports a significant contraction of 32,000 jobs, marking the worst performance in recent times [1] - Goods producing jobs declined by 3,000, with construction sector down by 5,000 and manufacturing down by 2,000 [1] - Service industry jobs decreased by 28,000 [1] - Leisure and hospitality sector experienced a loss of 19,000 jobs, while professional and business services declined by 13,000 [2] - Education and health services showed a positive trend, adding 33,000 jobs [2] Wage Trends - Annual pay for job stayers increased by 45%, while those changing jobs received a 65% raise [2] Data Revision and Forecasts - Last month's figures were revised down to a negative 3,000 job trade, contrasting with the initial 54,000 [3] - The industry anticipates potential revisions to non-farm payroll forecasts for Friday due to the unfavorable ADP data [3]

Labor Market Analysis - The bond market anticipates a non-farm payroll number around 100,000; exceeding this figure might counter the previous month's negative revision of -258,000 [1] - A non-farm payroll number below 50,000 could increase the likelihood of a 50 basis point rate cut by the Federal Reserve [3] - The speaker notes that the non-farm payroll data may not be entirely accurate, but it is the primary information available for analysis [2][5] Bond Market and Interest Rate Expectations - Two-year Treasury yields were at 396 basis points and 10-year yields were at 438 basis points before the previous month's non-farm payroll report [4] - Since the last report, the two-year and ten-year yields have moved mostly sideways to slightly lower [4] - The market will closely watch the upcoming non-farm payroll report, despite potential inaccuracies, as it is the key data point available [5]

Mark, I want to start with a question that is from our previous guest, Puja Kumar, over at TD Bank. She was saying there's really nothing that payrolls or inflation could give us next week that would put this Fed cut in doubt in September. Do you agree with that. I don't agree with that.I know that actually there are many people in markets who are in that camp, I would say is the majority view. But I think there is still a risk of 50 basis points and I still think there's a risk of nothing. I think the non- ...

Employment Data - Non-farm payrolls increased by 73,000, the lowest rate of the year [1] - The two-month revision showed a decrease of 258,000 [1] Wage Growth - Average hourly earnings increased by 03% month-over-month, as expected [1] - Year-over-year average hourly earnings increased by 39%, 01% higher than expected and 02% higher than the previous 37% [2] - The previous 37% year-over-year earnings rate was the lowest since mid-2021 [2]