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Friday, July 6, 2012

Strong US Non Farm Payroll number of 90k expected

The Employment Situation report comes out monthly at 8:30am, EDT on the first Friday of each month. Since the beginning of 2012, there has been gradual decline in non farm payroll number. Jan and Feb showed biggest gain because of the warm weather. Now the expectation is 90k for June while previous month was 69k which is an increase of 30%. Since, Central Bank of Europe, China and England have added stimulus, the chances of QE 3 from Fed is now over. If non farm payroll falls below 50k, then talk of QE3 will rise again. Watch the movement in Gold, and Silver. 


Release Date:The first Friday of the month
Release Time:8:30am Eastern Standard Time
Coverage:Previous month
Released By:Bureau of Labor and Statistics (BLS)
Latest Release:http://stats.bls.gov/news.release/empsit.nr0.htm
Non farm payroll for  july and august is weak
Non Farm Payroll recent History

ADP and No Farm Payroll Comparison
ADP and Non Farm Payroll Comparison




Below shows the 7 year data between May - August (2005-2011).  Historically June NFP has been strong  while July and August number have been weak. 

Units of measure : Thousands of Jobs

May-201269 
Apr-201277 
Mar-2012143 
Feb-2012259 
Jan-2012275 


Aug-201185 
Jul-201196 
Jun-201184 
May-201154 

Aug-2010-51 
Jul-2010-58 
Jun-2010-167 
May-2010516 


Aug-2009-231 
Jul-2009-339 
Jun-2009-482 
May-2009-361 


Aug-2008-274 
Jul-2008-210 
Jun-2008-198 
May-2008-190 


Aug-2007-18 
Jul-2007-40 
Jun-200775 
May-2007139 


Aug-2006183 
Jul-2006209 
Jun-200676 
May-200614 


Aug-2005193 
Jul-2005374 
Jun-2005243 
May-2005170 

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