US non farm payrolls jumped in September, and the job market recovery appears to be back on track
Jay Soloff
Argonath Financial
US non farm payrolls jumped in September, and the job market recovery appears to be back on track. While many figured the August number was an anomaly, it was still nice to see both the large increase in September (248,000 jobs added) as well as a robust August revision (134,000 revised up to 175,000). The September number was also a fair clip higher than the median projections of 208,000. The headline unemployment rate dropped to 5.9% from last month's 6.1%. In addition, the annual increase in jobs added ticked higher and continues to hover above 2%. Given all the positive jobs data this past week, it's safe to say the American job market is still in reasonable-improvement territory. (VIEW LINK)
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I'm an investments analyst for a US-based independent investment research firm. My focus is on economics, options, and all types of stocks, but especially tech, Internet, and renewable energy companies. I have experience as a options market maker on the floor of the CBOE, as a consultant on Wall Street, and as a senior analyst at a multi-strategy hedge fund. You can visit my website at www.argonathfinancial.com.
Jay Soloff
Research Analyst
Argonath Financial
I'm an investments analyst for a US-based independent investment research firm. My focus is on economics, options, and all types of stocks, but especially tech, Internet, and renewable energy companies. I have experience as a options market...
Expertise
No areas of expertise
Jay Soloff
Research Analyst
Argonath Financial
I'm an investments analyst for a US-based independent investment research firm. My focus is on economics, options, and all types of stocks, but especially tech, Internet, and renewable energy companies. I have experience as a options market...
Expertise
No areas of expertise
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