The much awaiting monthly payroll figures from the US showed that the economy was hit by the two hurricanes in September. However, the underlying data although a bit distorted suggests long-term pressures building up. Summary: Payrolls decline 33,000 in September, missing estimates of 82k increase August payrolls revised higher to 169...
The United States nonfarm payrolls report is probably one of the most important economic releases every month. The nonfarm payrolls or NFP for short has a strong influence on the markets, even if it's just short-term. Released every month on the first Friday at 0830 EST, the nonfarm payrolls report that accounts for the number of jobs. In parti...
Brushing aside the disappointment of March, the US economy was seen adding 211,000 jobs in the month of April beating consensus estimates by a strong margin. Data from the Bureau of Labor Statistics showed that the unemployment rate in the United States fell to a 10-year low to 4.4% in April, down from 4.5% in March and sitting comfortably belo...
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