The July labor report recorded the army of the unemployed as nearly 15 million.
Two year yields rose to 0.89% following the labor report sending short-dated notes to the lowest in 10 months.
FORBES: Rosy Jobs Report, Hawkish Sounding Fed Put Bonds On Defensive
Hot on the heels of retail sales was a disappointing German labor report.
Citing his U.S. Department of Labor report that the country added more than 308, 000 jobs in March, the president said the next step is to make sure Americans are properly trained to fill those jobs.
The unexpected drop in the Conference Board's consumer confidence index to 53.1 in September, from 54.5 in August, provoked a "dollar-safety" play, but Chau believes the market is waiting for Friday's labor report to set the tone for the dollar's near-term future.
Bullish news for the US economy: this week the ADP employment report and the latest Bureau of Labor Statistics report shows that the economy added 200, 000 jobs in December and the US unemployment rate dropped to 8.5% (down .6% since August).
FORBES: New Jobs Report Looks Good. Are We Out of the Woods Yet?
Also, look at data from the Bureau of Labor Statistics on Employment report, where you can view employment numbers nationally and by state, and from the Bureau of Labor Statistics by Industry report, in which you will find statistics related to layoffs, hiring, and earnings for specific industries.
The Labor Department report was that 200, 000 new jobs were created versus the consensus forecast of 150, 000.
The U.S. added more jobs than expected in April, according to a Labor Department report released on Friday.
Digging deeper into the numbers, the Labor Department report showed that the job losses were across the board.
According to U.S. Labor Department report apparel and accessories stores cut 18, 700 employees after adding 32, 000 in November.
The latest Bureau of Labor Statistics report from November cites unemployment at 10%.
An hour after the labor market report showed an above forecast gain of 216, 000 jobs during March bond prices have settled down.
FORBES: Rosy Jobs Report, Hawkish Sounding Fed Put Bonds On Defensive
The sales numbers come on the heels of a Labor Department report that showed jobless claims dropped more than expected last week by 42, 000 to 415, 000.
Job openings jumped 11 percent during the 12 months that ended in February, but the number of people hired declined, according to a Labor Department report last month.
Thursday's weekly report comes a day before Wall Street is expecting the Labor Department to report a 525, 000 drop in nonfarm payrolls.
It was hoped the ADP employment report on Thursday would provide that relief, and would be a positive precursor for the important Labor Department employment report on Friday.
Wednesday's report was nearly identical to the 525, 000 drop in nonfarm payrolls that analysts are counting on the Labor Department to report.
The figures come a day before the Labor Department will report employment data for November.
But there is also no proof in those numbers to support his claim that Labor manipulated its report.
Analysts are counting on the Labor Department to report a 525, 000 fall in nonfarm payrolls, and a 7.5% unemployment rate.
Joshua Feinman, chief economist at Deutsche Bank Asset Management, noted that the Labor Department payroll report indicated fewer hours worked and no signs of an upward trend in wages.
So the forecast for March jobs is especially positive, the consensus being that the Labor Department will report on Friday that 200, 000 to 250, 000 new jobs were created in March.
Blue chips were bolstered by a better-than-expected labor-market report.
The Labor Department did report a surprising drop in jobless benefits last week, but the cloud inside that silver lining was that the number of people continuing to claim benefits hit a 26-year high.
"The ADP has not done a good job of predicting the BLS numbers, " said Scott Brown, chief economist at Raymond James, who predicts the Bureau of Labor Statistics to report an increase of 135, 000 jobs.
"This is an extremely troubling labor-market report, given how strongly stocks have rallied and how much expectations have been lifted with optimism around the consumer and housing, " said Scott Anderson, economist at Bank of the West.
Last week, the Office of the Inspector General of the Department of Labor issued a report entitled, Changes Are Still Needed in the ERISA Audit Process to Increase Protections for Employee Benefit Plan Participants, which indicates that the Office is gravely concerned about the prevalence of unaudited employee benefit plans.
FORBES: $3 Trillion At Risk In Unaudited Employee Benefit Plans, Says DOL Inspector General
The ADP report comes two days before the Department of Labor releases its monthly jobs report.
FORBES: ADP: U.S. Employers Slow Pace Of New Hires In January
Stocks gained in spite of the U.S. Labor Department's report of greater than expected job losses in September.
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