United States release employment data

Source: Dukascopy Bank SA


The US Bureau of Labor Statistics has just released the US monthly employment data. The data release consists of three main numbers. The Average Hourly Earnings month on month change, the Non-Farm Employment Change and the Unemployment Rate.

The Average Hourly Earnings were forecast to have increased by 0.3%. Officials revealed salaries to have increased by 0.4%

The Non-farm Employment Change was expected to show a change of 205 thousand. Instead, only 187 thousand new jobs were created.

Market consensus was that the Unemployment Rate would be at 3.6%. The actual Unemployment Rate is at 3.5%.

The US Dollar reacted to the news by initially starting a decline.
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