NEGATIVE LET’S SEE HOW MARKETS
TRADE AS THE NUMBERS COME OUT,
WE CHECK WAGES, CHERYL CASONE
DOW INDUSTRIALS DOWN --
CHERYL: ALL RIGHT, 517,000
JOBS WERE ADDED, 517,000 JOBS
WERE ADDED WE ARE LOOKING AT
AN INCREDIBLE AMOUNT RIGHT
NOW.
MARIA: A BLOCKBLUSTER.
CHERYL: BLOCKBUSTER NUMBER OF
0.4 WHAT ARE YOU TELLING LABOR
FORCE PORTION 60.4 LET ME GO
THROUGH NUMBERS JOBLESS RATE
3.4%, SO THE JOBLESS RATE IS
COMING IN, WEAKER THAN
EXPECTED THE ESTIMATE FOR 3.6%
THE RATE COMING IN 3.4% AGAIN
I GOT TO GO BACK TO NONFARM
NUMBER HOL YIE COW 517,000
JOBS OUT OF ESTIMATE WAS 180
-- 158,000, LABOR FORCE
PARTICIPATION RATE 62.4, A
LITTLE BIT BETTER THAN MONTH
AVENUE AVERAGE HOURLY EARNINGS
PRIVATE WORKERS .3%, .3% THAT
WAS IN LINE WITH EXPECTATIONS.
ALL PRIVATE WORKERS’ HOURS
4.7, 4.7, THAT IS A LITTLE BIT
STRONGER THAN WE WERE
EXPECTING HERE GOVERNMENT JOBS
74,000, FACTORY JOBS 19,000,
PRIVATE SECTOR JOBS, 443,000
PRIVATE SECTOR JOBS GUYS THE
ESTIMATE 190 -- 197,000 THAT
IS AN INCREDIBLE NUMBER TO BE
CLEAR HERE AS GOING THROUGH
SOME NUMBERS I’M GOING THROUGH
THE BREAKDOWN, EVERYTHING I
KNOW YOU ARE LOOKING AT
LEISURE HOSPITALITY I WILL GET
TO THAT, 517,000 JOBS, ADDED
3.4%, IS THE UNEMPLOYMENT
RATE, THAT IS LESS THAN THE
EXPECTATION, .6%, THAT IS
ACTUALLY LESS THAN WHAT WE HAD
FOR MONTH OF DECEMBER,
MANUFACTURING JOBS 19,000 THE
ESTIMATE WAS 6,000.
PRIVATE PAYROLL REITERATE THIS
443,000 JOBS.
THE ESTIMATE WAS 109.
AVERAGE EARNINGS
MONTH-OVER-MONTH IN LINE .3%,
AVERAGE EARNINGS
YEAR-OVER-YEAR, A LITTLE BIT
STRONGER, 4.4%, NOT LESS.
MORE.
THAT IS INTERESTING STEVE
MOORE LOOKING OVER AT YOU
AGAIN, AVERAGE WORKWEEK HOURS
4.7 STIPULATE WAS 4.3,
GOVERNMENT JOBS 74,000,
REITERATING LABOR FORCE,
PARTICIPATION 62.4.
NOW LET’S GET INTO THE ACTUAL
REPORT GIVE YOU A FURTHER
BREAKDOWN WHAT WE’RE SEEING AS
FAR AS WHERE JOBS WERE CREATED
WHAT GOVERNMENT IS SAYING I
REALLY WOULD LIKE TO KNOW AS
WELL FOLKS, ALL RIGHT.
WHAT THEY ARE SAYING S LEISURE
HOSPITALITY, WAS A GAINER IN
REPORTEDLY PROFESSIONAL
BUSINESS SERVICES, A GAIN FOR
THE REPORT.
HEALTHCARE, A GAIN FOR THE
REPORT.
THESE ARE FACTORS THE
GOVERNMENT TELLS US WHAT
REALLY DROVE THE NUMBERS.
ALSO SAYING AS FAR AS
GOVERNMENT, THAT A LOT WAS
RETURN OF WORKERS FROM STRIKE.
THAT IS WHAT THE GOVERNMENT IS
SAYING, AGAIN, YOU’VE GOT TWO
MONTHLY SURVEYS HOUSEHOLD
SURVEY, IN PARTICULAR AS WELL.
IF YOU MOVE INTO WHERE ACTUAL
JOBS CREATED LEISURE
HOSPITALITY WAS WAS A STRONG
ONE 128,000 JOBS CREATED JUST
IN LEISURE HOSPITALITY.
.
>> THAT.
CHERYL: THIS WAS 89,000 IN
DECEMBER, FOOD SERVICES
DRINKING PLACES, 99,000 JOBS,
ACCOMMODATIONS HOTELS, 41,000
-- EXCUSE ME NO.
GOING BACK I’M SORRY
ACCOMMODATION WAS 15,000 JOBS,
SO, LEISURE HOSPITALITY BACK
TO YOU I WANT TO GO THROUGH
MORE OF THIS REPORT BUT
LEISURE HOSPITALITY, IS STILL
BELOW PRE-PANDEMIC LEVELS.
BUT IT IS STILL A BIG PIECE OF
THE GAINS THAT WE SAW AND I
GOT TO GO BACK TO HEALTHCARE
NUMBER 58,000 FOR HEALTHCARE.
AM AM BEAU YOU LATRY, NURSING,
CONSTRUCTION 25,000,
TRANSPORTATION WAREHOUSING
23,000, I AM SENDING BACK TO