TSX:AX.PR.E - Post by User
Comment by
Torontojayon Dec 06, 2024 9:10am
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Post# 36348877
RE:227 jobs added ...........
RE:227 jobs added ...........
DZtrader wrote:
I'm still laughing at previous post from the village idiot.. Consensus was 220,000 so just a hair higher, no where near where some fears of 300 and not even remotely a blowout number. I think as interesting as this well expected number is the lack of strong upward revision from last months skewed 12k number. Bonds ticked DOWN upon data release. This release kept fed cut in place. Not sure the market could get much more of a Goldie number. I would be very happy to see a sell off, I will be quick to buy any further dip here.
The average non farms payroll to be in line with historical trends is 150k to 200k. Anywhere in that ballpark. Keep
in mind that in October we only had a gain of 36k jobs added due to weather disruptions.
The real number to look at is the household survey data. The unemployment rate ticked higher in spite of lower labour force participation rate.