- We came in much weaker than expected on non-farm. We came in at 114,000 jobs on non-farm. The estimate was 175,000 jobs on non-farm. The unemployment rate unexpectedly went up. We went up to 4.3%. We were looking for a rate of 4.1%. Government jobs, 17,000 on the government job story, and that is actually a lot less than what we got last month. Remember, last month on government jobs, we had 70,000, now we've only got 17,000. All right, private sector jobs, 97,000. Again, that is much weaker than expected. We were looking for 148,000 private sector jobs. Factory jobs, only 1,000.
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Post from Truth Social
JOBS REPORT: “MUCH WEAKER THAN EXPECTED.”
Video transcript 0:46
- We came in much weaker than expected on non-farm. We came in at 114,000 jobs on non-farm. The estimate was 175,000 jobs on non-farm. The unemployment rate unexpectedly went up. We went up to 4.3%. We were looking for a rate of 4.1%. Government jobs, 17,000 on the government job story, and that is actually a lot less than what we got last month. Remember, last month on government jobs, we had 70,000, now we've only got 17,000. All right, private sector jobs, 97,000. Again, that is much weaker than expected. We were looking for 148,000 private sector jobs. Factory jobs, only 1,000.
Transcribed automatically. Expect errors in names and numbers.