Tag Archive for 'payroll'

Although the headline reads: “US Payrolls Rose 162,000 In March, Less Than Expected,” there were a lot less census jobs than were expected, as the private sector added 123K jobs. That’s a good number, even though we need 5 times as many to make any real impact on unemployment. The unemployment rate 9.7% stayed the same but the number of workers unemployed for greater than 6 months rose. The “real” unemployment number rose to 16.9%. Once the headline was released the futures took a dive but quickly recovered when the census and private sector numbers were released. The ES futures closed in the green, up 4.25 points from Thursday’s cash close.

Friday’s report was largely in line with expectations, but economists noted it may be difficult to gauge the health of the labor market for the near future. The hiring of thousands of part-time census workers will continue through end of the summer, inflating the numbers. –NY Times

While we wait for markets to open on Monday (Sunday night for you futures traders). the other big news is iPad. The TV news is already showing people lining up at Apple stores for Saturday’s release.

Looking at the iPad From Two Angles

Laptop Killer? Pretty Close

Have a happy iPad weekend…..oh yeah, and a Happy Easter!