Wowowowowowowowo US added 126K jobs in March, vs 245K expectedCNBC.com | April 03, 2015 | 08:30 AM EDTThis is breaking news. Check back for updates.Economists expected nonfarm payrolls to rise 245,000 in March, with the unemployment rate holding steady at 5.5 percent, according to Reuters. THAT MEANS ultimate rally.... No.fed rate hike at all in 2015 and not only that but here comes QE 4 These numbers were a huge huge huge huge miss.....everyone will be cheering these bad numbers ....fed can't raise rates now ....
The sputtering U.S. economy created just 126,000 jobs in March as bad weather, weak consumer spending and flailing corporate profits resulted in the worst report since 2012.Economists expected nonfarm payrolls to rise 245,000 in March, with the unemployment rate holding steady at 5.5 percent, according to Reuters. February's numbers were revised lower to 264,000 from the initially reported 295,000, while January's number fell from 239,000 to 201,000.The jobs numbers come as both the economy and corporate profits have been weakening substantially.In its most recently estimate, the Federal Reserve's Atlanta branch is projecting the U.S. economy to show no growth in the first quarter. At the same time, corporate profits are expected to drop about 3 percent for the period and another 2 percent or so in the second quarter, according to S&P Capital IQ.The conflicting signals have put the Fed in a quandary: Central bank officials have been indicating a desire to raise short-term interest rates this year as the jobs market improves, but must contend with other parts of the economy that aren't as strong.
She was already stepping on the brakes, meaning there wasn't a rate hike coming at all.....now that these numbers completely missed....well get ready for QE 4 I wish these markets were open to digest these awesome unemployment numbers but now that the markets have 3 days to digest them maybe by Monday all will be forgotten ....
Im thinking Monday everything will be forgotten and markets will erase all losses by mid day knowing that the fed will wait for 2016 to raise rates... and the fed will do plenty of emergency meetings once they see the market going into correction mode...
Yes, Rickshaw might turn green if not stopped. Why do you think they released the bad number when the market is closed? So that we forget about it by Monday!
It was not deliberate, it has always been the 1st Friday after or 1st of the month even if Good Friday.
You've posted these garbage theories based on absolutely nothing for months. So if we get to the end of the year with no "QE 4" ( extremely likely ) and have a small rate hike in the fall ( which I think will happen ), will you admit you've been totally clueless on here ? Meaning you don't understand the relationship between the economy, fed policy, and equity markets.