Morning Report: Jobs report data dump 8/7/15

Posted on August 7, 2015 by Brent Nyitray

Markets are flat after the jobs report. Bonds and MBS are up small

Jobs report data dump:

  • Payrolls 215k vs 225k expected
  • Unemployment rate 5.3% in line
  • Average hourly earnings 0.2% in line
  • Underemployment rate 10.4%
  • Labor force participation rate 62.6% in line

The jobs report is okay, nothing special. It shows the job market is slowly getting better. It doesn’t change anything with respect to the Fed’s thinking.

Filed under: Morning Report | 31 Comments »