Nonfarm payrolls increased by 245,000 in November, down from 610,000 in October.
The total was below the Wall Street estimate of 440,000.
Unemployment decreased to 6.7%, meeting expectations.
Job gains were concentrated in warehousing as well as professional and business services. Retail jobs fell ahead of the holiday shopping season
This jobs number should ease some recession fears, although next weeks CPI will be a key indicator as we all know. Payrolls were up 372,00 better than expected with the unemployment rate remains at 3.
It is incredible the products the CME Group keep developing to efficiently manage risk. Coming in October they will be releasing products that lenders and other institutional financial market users wi
The CME in August will be introducing a new Lumber Futures Contract that is very beneficial to hedgers. Her are the highlights... New Lumber futures and options Launching on August 8* barcharts.com Th