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.
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Non Farm Payroll recent History |
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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-2012 | 69 |
Apr-2012 | 77 |
Mar-2012 | 143 |
Feb-2012 | 259 |
Jan-2012 | 275 |
Aug-2011 | 85 |
Jul-2011 | 96 |
Jun-2011 | 84 |
May-2011 | 54 |
Aug-2010 | -51 |
Jul-2010 | -58 |
Jun-2010 | -167 |
May-2010 | 516 |
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-2007 | 75 |
May-2007 | 139 |
Aug-2006 | 183 |
Jul-2006 | 209 |
Jun-2006 | 76 |
May-2006 | 14 |
Aug-2005 | 193 |
Jul-2005 | 374 |
Jun-2005 | 243 |
May-2005 | 170 |
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