SureTrader Stock Hero Advertisement
Home > Boards > Free Zone > Education > *** ALL THINGS MONEY >>>> ATM ***

US Adds 120,000 Jobs (Estimates were 203,000)

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
AcousticHockey Member Profile
 
Followed By 92
Posts 6,759
Boards Moderated 0
Alias Born 07/10/09
160x600 placeholder
Advertisement
Morgan Stanley's Results Improve
Morgan Stanley's 1Q profit rose 59% to $2.39 billion as it benefited from busy markets and a flurry of corporate mergers. Revenue was $9.91 billion, or $9.78 billion excluding accounting adjustments. Results beat estimates. Shares up 1%.
More Top Equities Stories Of The Day
Myanmar Tin Exports Send Prices Lower
GE in Talks to Sell U.S. Commercial Lending Business -- Update
Finland Likely to Elect New Government as Economy Wobbles
Morgan Stanley, New York in Talks to Settle Probe
IBM Reports Another Revenue Decline -- Update
European Prices Fall for Fourth Month
América Móvil Clears Way for Wireless-Towers Spinoff
Semiconductor Startups Face the Flip Side of Moore's Law
AcousticHockey   Friday, 04/06/12 08:35:46 AM
Re: AcousticHockey post# 30322
Post # of 64388 
US Adds 120,000 Jobs (Estimates were 203,000)

The pace of job creation rose far less than expected in March, with the U.S. economy generating 120,000 new positions, a sharp drop from the prior three months' average of 245,000.


Getty Images
--------------------------------------------------------------------------------


The unemployment rate slid to 8.2 percent, according to government data released Friday.

That compares to 227,000 workers added in February, when the unemployment rate was reported at 8.3 percent.

The consensus forecast for March had been for 203,000 total jobs, with the unemployment rate unchanged, according to Thomson Reuters.

The jobs report was released as U.S. stock markets closed for the Good Friday holiday. The U.S. bond market and futures markets were open for part of the day. The last time the jobs report was released on Good Friday was in 2010.

http://www.cnbc.com/id/46975031




Still holding my FAS puts which was risky over this weekend, let's see how the futures do with the news. They open for 45 minutes of trading today and close at 9:15 A.M.

No matter how big or how small...Green is Green smile
Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist