正文
先聲明，不是我幹的，下麵的事情和我一點關係也沒有。我也不想把它翻譯的更難懂。
The employment situation for February was ugly but to see how bad it was you had to get past the first headlines. Nonfarm payroll employment in February plunged 651,000, following a decline of 655,000 in January and a fall of 681,000 in December. The latest number was right in line with the consensus forecast for a 648,000 decrease. But the bad news can really be seen with the downward revisions to the prior two months. January was revised down 57 thousand and December was bumped down 104 thousand for down a net 161,000.
From the household survey, the civilian unemployment rate surged further to 8.1 percent from 7.6 percent in January. The January rate was higher than the market projection for 7.9 percent and is at its highest in 25 years.
Turning back to the payroll survey, job cuts in February were widespread. The latest decline was led by the service-providing sector which shed 375,000 jobs. In this sector, the largest job losses seen in professional & business services, down 180,000, and in trade & transportation, down 124,000.
The goods-producing sector also continued its downtrend, falling 276,000. Manufacturing and construction declined by 168,000 and 104,000, respectively. Natural resources & mining decreased 4,000.
On a year-on-year basis, nonfarm payroll employment growth fell to down 3.0 percent in February from down 2.7 percent the month before.
Looking at wage inflation, average hourly earnings rose 0.2 percent in February, matching January's gain. The consensus had forecast a 0.2 percent gain. The average workweek was steady at 33.3 hours.
Today's employment report shows a very bleak labor sector and points to further retrenchment in personal income and consumer spending. The dollar weakened against all major currencies. There is likely to be negative impact on equities—look for flight to quality in bonds.
什麽是失業率呢？圖解如下:
The employment situation for February was ugly but to see how bad it was you had to get past the first headlines. Nonfarm payroll employment in February plunged 651,000, following a decline of 655,000 in January and a fall of 681,000 in December. The latest number was right in line with the consensus forecast for a 648,000 decrease. But the bad news can really be seen with the downward revisions to the prior two months. January was revised down 57 thousand and December was bumped down 104 thousand for down a net 161,000.
From the household survey, the civilian unemployment rate surged further to 8.1 percent from 7.6 percent in January. The January rate was higher than the market projection for 7.9 percent and is at its highest in 25 years.
Turning back to the payroll survey, job cuts in February were widespread. The latest decline was led by the service-providing sector which shed 375,000 jobs. In this sector, the largest job losses seen in professional & business services, down 180,000, and in trade & transportation, down 124,000.
The goods-producing sector also continued its downtrend, falling 276,000. Manufacturing and construction declined by 168,000 and 104,000, respectively. Natural resources & mining decreased 4,000.
On a year-on-year basis, nonfarm payroll employment growth fell to down 3.0 percent in February from down 2.7 percent the month before.
Looking at wage inflation, average hourly earnings rose 0.2 percent in February, matching January's gain. The consensus had forecast a 0.2 percent gain. The average workweek was steady at 33.3 hours.
Today's employment report shows a very bleak labor sector and points to further retrenchment in personal income and consumer spending. The dollar weakened against all major currencies. There is likely to be negative impact on equities—look for flight to quality in bonds.
什麽是失業率呢？圖解如下:
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