Total nonfarm payroll employment rose by 194,000 in USA in Sep-2021.

Total nonfarm payroll employment rose by 235,000 in USA in Aug-2021.

Any number below 400,000 is a bad news for USA stock markets and so current news is certainly bad news for USA stock markets.

Unemployment rate as on Sep-2021 was 4.8 percent.

Unemployment rate as on Aug-2021 was 5.2 percent.

Again most of new jobs added are in leisure and hospitality sector.

Overall total nonfarm payrollls rose by just 194,000 for month ending Sep-2021 is a bad news for USA stock markets.

 

 

Share it on Social Media