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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