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AFP EconWatch: 9-Month Winning Streak for Job Creation

  • By Staff Writers
  • Published: 11/10/2014

U.S. non-farm employers added 214,000 jobs on a seasonally adjusted basis during October, a bit below consensus forecasts but also the ninth straight month in which job gains have exceeded 200,000. The last time the Bureau of Labor Statistics had employers adding 200,000 workers for at least nine consecutive months was in 1995.

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Three takeaways From the past week:

  1. Non-farm payrolls grew by at least 200,000 jobs for a ninth straight month, the first time that has happened in 19 years.
  2. Lower demand for U.S. goods overseas led to the largest trade deficit since last May.
  3. Two reports from the Institute for Supply Management point to solid activity in both the manufacturing and service sectors.

AFP EconWatch provides you with a summary of the latest economic data releases from the previous week. You are receiving this mailing because you have elected to subscribe.

Previous issues of AFP EconWatch:

Developing an Effective Predictive Analytics Capability
On June 26 - 27, discover how the application of predictive business analytics is relevant to all financial functions. Explore practical case examples and identify ideas and actions from leading businesses that have successfully implemented these analytical processes.
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