This April's nonfarm payroll numbers were better than expected as 165,000 jobs were added on a seasonally adjusted basis. Analysts had a predicted a rise of 145,000. The big numbers were in the revisions to the previous month's figures, which saw a disappointing increase of just 88,000 jobs improve to 138,000.
2013 has been a reasonably good year so far: Payrolls have averaged +195k, and unemployment has fallen 0.3%-pts. Hope it continues.— Justin Wolfers (@justinwolfers) May 3, 2013
Unemployment rate down to 7.5%, and good news that Participation rate steady at 63.3% #nfp— Mike van Dulken (@Accendo_Mike) May 3, 2013
We're basically adding jobs in proportion to population growth.— Binyamin Appelbaum (@BCAppelbaum) May 3, 2013