Jobs growth surges in October, but fails to meet experts’ expectations

American employers added 215,000 jobs in November – while October’s job growth was upwardly revised from 130,000 to 184,000. That’s according to payroll processor ADP, anyway.

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The South Africa pmi gauge dipped further into contractionary territory last month, falling by 1.9 index points to 47.9. Joining CNBC Africa is Annabel Bishop, Chief Economist at Investec. https.

August Jobs Report Disappoints As It Fails To meet expectations august’s Jobs Report came in below expectations.

January jobs report falls short of expectations October’s unemployment rate declined to 5.8%; job creation missed expectations. The labor participation rate though was 62.8%, still high. Non-farm jobs +214K, less than 235K expected but.

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Employment growth surges in UK manufacturing. The IHS Markit purchasing managers’ index increased to 56.3 in October, up from 56.0 in September. Analysts were expecting a reading of 55.9. Any reading above 50 indicates an expansion, while anything below indicates a contraction.

We just had the jobs report of the year, exceeding all estimates in a Bloomberg. October has entirely reversed the recent soft patch, erasing any concerns about an underlying slowdown in the pace.

The economy expanded at an annualized rate of 2.6 percent from October. Area job market surges Fed cuts benchmark interest rate a quarter-point Gas prices could rise 25 cents per gallon after.

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Thursday’s rally took its cue from overseas markets, which also reacted positively to the news that negotiators from the U.S. and China have agreed to meet in early October. added 195,000 jobs in.

During that period, the largest three-month change was a gain of 1,449,000 in the three months through October 1994. Meanwhile, the establishment survey reported that total employment rose by 462,000 jobs from October 2013 to last month, an average of 154,000. That was the smallest three-month increase since the summer of 2012.

Australian jobs growth surges in August. The country’s unemployment rate was unchanged at a seasonally adjusted 5.6% in August, as more people entered the job market. Economists surveyed ahead of the release had expected a steady jobless rate, predicting the economy would add 20,000 jobs in the month.