Breaking: US Nonfarm Payrolls rise by 263,000 in November vs. 200,000 expected
…
This is a premium post.
[s2If !current_user_can(access_s2member_level4)]Please register for PREMIUM VERSION HERE to read full post below containing analysis. In case of any error or you think you are not able to read the full post below, please email us at support#nehcap.com [lwa][/s2If] [s2If current_user_can(access_s2member_level4)]
Nonfarm Payrolls in the US rose by 263,000 in November, the data published by the US Bureau of Labor Statistics revealed on Friday. This reading came in much higher than the market expectation of 200,000. October’s reading got revised higher to 284,000 from 261,000.
Further detail of the publication revealed that the Unemployment Rate remained unchanged at 3.7% and the annual wage inflation, as measured by the Average Hourly Earnings, rose to 5.1% from 4.9% in October. Finally, the Labor Force Participation Rate edged lower to 62.1% from 62.2%.
Follow our live coverage of market reaction to the US jobs report.
The US Dollar gathered strength against its rivals with the initial reaction and the US Dollar Index was last seen rising 0.55% on the dayat 105.35.
[/s2If]
Join Our Telegram Group
