*Walter Bloomberg
@DeItaone
Joined August 2014
40 Following 2M Followers
US JOBS SMASH EXPECTATIONS
August nonfarm payrolls surged +162K, crushing the +53K consensus.
Unemployment held at 4.1%, in line with expectations.
Private payrolls rose +127K, while government added +35K.
Hourly earnings increased +0.27% MoM / +3.09% YoY.
Labor-force participation: 61.6%.
Previous payrolls revised to +21K in July and +31K in June.
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