Gavekal Capital: The Most Interesting Charts From Today's Employment Report

Friday, January 10, 2014

The Most Interesting Charts From Today's Employment Report

Given the other positive data releases that we mentioned here and here earlier in the week, today's headline payroll number is a bit of a stunner (74K vs estimates of 200k). However, the good news is the prior two month's were revised upwards by 38k and many economic watchers are blaming poor weather across much of the country for the weak December number. The general feeling is that we will get a much higher report in January and the tapering will continue at the end of the month. Below are some of our most interesting employment related charts, including the unemployment rate which dropped to a 62-month low

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Gavekal Capital is a US registered investment advisory firm that manages the Gavekal Knowledge Leaders Strategy. Knowledge Leaders are a group of the world’s leading innovators with deep reservoirs of intangible capital. These companies often possess competitive advantages such as strong brand, proprietary knowledge or a unique distribution mechanism. Knowledge Leaders are largely service-based and advanced manufacturing businesses, often operating globally. Gavekal Capital seeks to identify the world’s leading knowledge companies through a proprietary process that analyzes corporate knowledge investments.
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