US Jobs Report Shocker: Only 113,000 Jobs Aded In January

Jobs report released today at 8:30am Eastern – only 113,000 jobs were added in January. The unemployment rate fell to 6.6% from 6.7% according to the Labor Department today on Friday. Economists surveyed by MarketWatch expected an increase of 190,000 nonfarm jobs.

As we said today, the jobs report will make or break the market today. So far, stocks are falling and the Yen is surging:

ES NFP

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4 Comments

  1. Lesley Mitchell
    February 7, 2014 at 3:04 pm

    Another one of those days, lol… and the markets bounced back up again and of as time of typing this, touching 1785 ish… What fun! Ha!

    Continuing up for today at least… towards 1795? Happy Friday all! 😉

  2. Andrea
    February 7, 2014 at 3:28 pm

    Now (14.30) GMT the SP500 is come back to 1777… so it’s only a false break?

  3. Alessio Rastani
    February 11, 2014 at 12:57 am

    Thanks Lesley for posting your comment. Totally agreed. A lot of fun indeed. Let’s see if they can take out 1810 now…

  4. Mathieu
    February 15, 2014 at 4:52 am

    I thinck many peoples had itchy fingers when the report came out at 8h30, and now it’s 1842 ! Will it breaks the resistance at 1850 ?

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