Employment in the U.S. increased by much less than expected in the month of August, according to a report released by the Labor Department on Friday. The Labor Department said non-farm payroll employment increased by 142,000 jobs in August compared to economist estimate for the addition of about 225,000 jobs. Despite the weaker than expected job growth, the unemployment rate edged down to 6.1 percent in August from 6.2 percent in July due to a decrease in the size of the ...
Talking Points NFP Is a Highly Anticipated News EventExpectations are Set at 230kTraders Will Track the USD Based on Results The release of the monthly Non-Farm Payroll figures is a highly anticipated moment for Forex traders. This is with good cause as the Non-Farm Payrolls, also known as NFP, has been historically known to produce volatility in the market place. As with other news releases on the economic calendar, traders will use this data to determine the ...
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