Establishment Survey +173K Jobs, Private Jobs +140,000; Unemployment Rate 5.1%
Establishment Survey +173K Jobs, Private Jobs +140,000; Unemployment Rate 5.1% Initial Reaction The establishment survey came in a weaker than expected 173,000 job. The Bloomberg Consensus estimate was 223,000 jobs. However, the preceding two months were revised up by 44,000 and wages were strong.