US Unemployment Statistics due at 8:30 AM

Written February 6, 2009 at 7:42 AM EST by  

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Now that the Canada Unemployment has been released (a disaster with unemployment rate rising from 6.6% to 7.2% (expecting 6.8) and Net Change in Employment down 129,000 – a record), the focus turns to the US Employment Report. 

This month the expectation is for the Unemployment Rate to rise to 7.5%. The Non Farm Payroll should shed 540K jobs.  This would bring the total jobs lost to 3.1M since January 2008.

For a detailed look at todays report, click on the following link.

  US Unemployment Review Download (697.1 KiB, 1,757 hits)
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