December Jobs Miss Huge At Only 148K; Hourly Earnings In Line

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Well, so much for that 200K+ whisper number for December payrolls, and it appears that Goldman’s warning that winter storms in the last month of the year would depress jobs was spot on after moments ago the BLS reported that December payrolls tumbled from an upward revised 252K in November (from 228K) to only 148K, a 3-sigma miss to expectations of 190K, and the lowest print since July.

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Source: The NC Renegade
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