Financial Review

February Jobs Report

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-03-10-2017.mp3Podcast: Play in new window | Download (Duration: 13:15 — 7.6MB)Subscribe: iTunes | Android | RSS…..The US added 235,000 job in February. The unemployment rate ticked down to 4.7%. The U-6 rate ticked down to 9.2%. Labor Force Participation up to 63%. Construction strong, retail weak. Wages rise. Trump takes credit. Fed gets ready to take away the punch bowl. Financial Review by Sinclair Noe for 03-10-2017

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Financial Review

Jobs Report Friday

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-02-03-2017.mp3Podcast: Play in new window | Download (Duration: 13:15 — 7.6MB)Subscribe: iTunes | Android | RSS…..Economy adds 227,000 jobs. Unemployment rate up to 4.8%. Wages flat. Financial Review by Sinclair Noe for 02-03-2017

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Financial Review

July Jobs Report

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-08-05-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: iTunes | Android | RSSThe economy added 255,000 new jobs last month. The unemployment rate steady at 4.9%. We’ll dig into the details. Financial Review by Sinclair Noe for 08-05-2016

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Financial Review

38,000 Not a Typo

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-06-03-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: iTunes | Android | RSSFriday Jobs Report comes in at 38,000 jobs for May and the unemployment rate drops to 4.7%. Everything you need to know about the report. Financial Review by Sinclair Noe for 06-03-2016

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Financial Review

Jobs Friday

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-05-06-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: iTunes | Android | RSSEverything you need to know about the April 2016 Non-Farm Payroll Report. Financial Review by Sinclair Noe for 05-06-2016

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Financial Review

Jobs Day

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-04-01-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: iTunes | Android | RSS215,000 new jobs in March, the unemployment rate at 5%; a solid, steady jobs report.

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Financial Review

Another Strong Jobs Report

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-12-04-2015.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: iTunes | Android | RSSFinancial Review by Sinclair Noe for 12-04-2015 DOW + 369 = 17,847 SPX + 42 = 2091 NAS + 104 = 5142 10 YR YLD – .05 = 2.28% OIL – 1.01 = 40.07 GOLD + 25.30 = 1087.90   The economy added 211,000 jobs last month, beating estimates of about 200,000. The unemployment rate held steady at 5% as more workers entered the labor pool. The Labor Force Participation Rate increased in November to 62.5%, from 62.4% in October. The last two months’ jobs numbers were revised higher. The government said 298,000 new jobs were created in October instead of 271,000. September’s gain was raised to 145,000 from 137,000. Over the past 12 months, the economy has added 2.64 million jobs.   Let’s break down jobs by sector: Employment in construction rose by 46,000 in November, with much of the increase occurring in residential specialty trade contractors (+26,000). Over the past year, construction employment has grown by 259,000. Professional and technical services added 28,000 jobs. Over the year, professional and technical services has added 298,000 jobs. Health care employment increased by 24,000 over the month, following a large gain in October (+51,000). In November, hospitals added 13,000 jobs. Health care employment has grown by 470,000 over the year. Employment in food services and drinking places continued to trend up in November (+32,000) and has risen by 374,000 over the year. Retail trades added 31,000 …

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Financial Review

A Solid Jobs Report

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-11-06-2015.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: iTunes | Android | RSSFinancial Review by Sinclair Noe for 11-06-2015 DOW + 46 = 17,910 SPX – 0.73 = 2099 NAS + 19 = 5147 10 YR YLD + .09 = 2.33% OIL – .68 = 44.52 The economy added 271,000 jobs in October, beating expectations of 180,000. The unemployment rate fell from 5.1% to 5%, a 7-1/2 year low. The U.S. has added an average of 206,000 jobs a month in 2015. In the past 12 months the economy has added 2.8 million jobs. The U-6 unemployment rate, which includes discouraged and under-utilized workers, dropped to 9.8% in October, the first time it’s fallen below 10% since May 2008. The number of Americans working part-time because of a weak economy fell to 5.7 million in October. Revisions to prior reports added a total of 12,000 jobs to payrolls in the previous two months. August was revised higher from 136k to 153k but September was revised lower from 142k to 137k. Still, employment only averaged 145,000 in August and September.   Now, this raises questions about why the numbers were so weak in August and September, and why the numbers for October were so strong. Was there a big shift in the labor market? Probably not; more likely this is statistical noise. It is difficult to track the labor market; it is impossible to track it with absolute precision. This does not mean the numbers are wrong. It’s …

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Financial Review

Labor Day Jobs Report

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-09-04-2015.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: iTunes | Android | RSSFinancial Review by Sinclair Noe for 09-04-2015 DOW – 272 = 16,102 SPX – 29 = 1921 NAS – 49 = 4683 10 YR YLD – .04 = 2.13% OIL – .71 = 46.04 GOLD – 2.30 = 1123.70 SILV – .13 = 14.70   This is a Jobs Report Friday, and I tend to get a little wonkish about the monthly jobs reports, mainly because I believe jobs are pretty much the most important part of the economy; we’ve even set aside a holiday to recognize the importance of labor. Today’s report is especially important because it comes right before a Federal Open Market Committee Meeting where the Fed just might raise interest rates.   The US economy added 173,000 jobs in August, and the unemployment rate dropped to 5.1%. While this was the smallest increase in new jobs since March, the June and July numbers were revised higher by 44,000 jobs. The Labor Department said 245,000 new jobs were created in July instead of 215,000. June’s gain was revised up to 245,000 from 231,000. The 173,000 new jobs missed estimates of 210,000 to 220,000 but the August numbers are notorious for underestimating – only to be revised higher in following months. The unemployment rate of 5.1% is down from July’s 5.3% rate, and beats estimates that the rate would hold steady.   Between 2005 and 2014, August was the month with the lowest …

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Financial Review

Jobs Report Friday

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-11-07-2014.mp3Podcast: Play in new window | Download (Duration: 13:17 — 6.1MB)Subscribe: iTunes | Android | RSS[powerpress Financial Review DOW + 19 = 17,573 SPX + 0.71 = 2031 NAS – 5 = 4632 10 YR YLD – .06 = 2.31% OIL + .60 = 78.51 GOLD + 36.50 = 1178.80 SILV + .32 = 15.85 The economy added 214,000 net new jobs in October. The unemployment rate dropped from 5.9% to 5.8%. The 5.8 percent official unemployment rate is the lowest since the summer of 2008. The August report was revised higher to 203,000 and the September report was revised higher to 256,000; for a net increase of 31,000 jobs added from revisions. Employment is now up 2.64 million year-over-year, and up 2.3 million year to date. So far in 2014 the US has gained an average of 229,000 jobs a month, the fastest pace since 1999. October was the ninth consecutive month of 200,000 or more jobs gained, and that hasn’t happened since 1994. Total employment is up 10 million from the employment recession low and up 1.3 million from the previous peak; although it should be noted that full-time employment has not returned to the previous peak, while part-time employment is quite a bit higher than the peak. Private employment is up 10.6 million from the employment recession low. This latest report represents 56 consecutive months of private-sector job growth, which represents the longest streak in US history, but it isn’t the strongest streak of job growth. The …

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