- Prior month 152K revised higher to 157K
- goods +14 K
- services it was 138K
- small firms +5K
- median +88K
- large companies +58K
- leisure and hospitality 63K
- construction 27K
- professional and business services +25K
- trade and transportation/utilities +15K
- natural resources/mining -8K
- The median wage for job stayers came in at 4.9% YoY versus 5.0% last month. For job changers, the wages rose 7.7% versus 7.8% last month.
Note that the estimate for us non-farm payroll data on Friday at 8:30 AM ET is for 190K. The UN year average hourly earnings is expected to decline to 3.9% versus 4.1% last month.
US yields remain mixed with the shorter end higher and the longer end lower:
- 2-year yield 4.764%, +2.5 basis points
- 10 year yield 4.423%, -1.2 basis points
- 30-year yield 4.582% -2.7 basis points
S&P futures are implying a decline of -4 points. NASDAQ features are implying a decline of -16 points and the Dow Industrial Average average is implying a decline of -8.85 points.
