Total nonfarm payroll employment increased by 428,000 in April, and the unemployment rate was unchanged at 3.6 percent, the U.S. Bureau of Labor Statistics reported today. Job growth was widespread, led by gains in leisure and hospitality, in manufacturing, and in transportation and warehousing. more...
The unemployment rate and average hourly earnings are the key metrics to watch. It is likely that the underemployment rate could fall to 7.1% and this could push the dollar index higher triggering a sell-off for emerging markets. In simple words, at 185K the expectations for the U.S. NFP number are sky high. Speculators are even hoping for a number above 200K. But, the two most important numbers that traders will be looking at are the average ...
Employment in the U.S. increased by more than anticipated in the month of November, according to a report released by the Labor Department on Friday. The report said non-farm payroll employment jumped by 228,000 jobs in November after surging up by a revised 244,000 in October. more...
The unemployment rate in Australia was a seasonally adjusted 5.5 percent in September, the Australian Bureau of Statistics said on Thursday. more...
Reflecting the impact of Hurricanes Harvey and Irma, the Labor Department released a report on Friday showing an unexpected decrease in employment in the U.S. in the month of September. more...
Recent Comments