Economic Charts

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Sunday, December 5, 2010

Monthly Non-Farm Payrolls

Novembers Non-Farm Payrolls number was worse than expected even though a positive number.  Non-Farm Payrolls are the change in the number of employed people during the previous month, excluding the farming industry.  The forecasted number called for 143k, but the actual headline number came in at 39k.  The previous months (October) number was 179k, so this months number was a bitter disappointment in the wake of the Christmas hiring season and the hype of the main media's "all is well in jobs" message.

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