Blue World Jobs Report Analysis 12/08/2017

Blue World Employment Situation Report Analysis

Release Date: Usually on the first Friday of the month

Release Site:

Market Impact: Usually Very High

Management Value: Critical

Date 12/08/2017 

Brain Surgery is not Rocket Science to a Brain Surgeon©

It’s good. There was some positive movement in some key areas and some others were essentially flat, but no huge negatives were hiding in the weeds, and that’s a welcome circumstance.

Starting on the weaker side, Total Unemployed and Not in Labor Force grew a bit, and the Participation rate was flat to October at a below 63% reading. The Private Sector added fewer jobs than last month, BUT it was still over 200k, which is a perfect segue into the stronger side of the report. The Labor Force and Total Employed tallies grew, revisions to September and October were net positive, the work week made it to 34.5 hours for the third time this year, and the Diffusion Indexes for both the Total Private Sector and Manufacturing industries remained very high.

Rate hike? We continue to hope not. There is meat for the hawks and doves in this report. We are focused on wages which, with just about every other reading, do not signal inflation. We, of course, recognize the legitimacy of the hawks’ attention to overall employment, and we suspect that may carry the day.

We’ll see you back here at the beginning of 2018 with the Blue World Economic Index®. The final BLS jobs report for 2017 is scheduled for release on Friday, January 5th 2018. Have a very Merry Christmas and Happy New Year!!

Thanks for reading, and please stay tuned…


Release Site:


Every effort is made to ensure accuracy of data transcription but accuracy cannot be guaranteed.  The official release site should be cross referenced. The analysis represents the opinion of Blue World Asset Managers, LTD. who does not warrant or guarantee predictions based on its analysis.


©Blue World Asset Managers, LTD Friday, December 08, 2017