USA creates almost no new jobs

Note: This section contains information in English only.
Source: Dukascopy Bank SA


The monthly US Employment data has been published. In general, the data revealed almost no job creation in the USA, which caused a drop of the Dollar.

Average Hourly Earnings were expected to show an increase of 0.3%. Actual raises were 0.4%.

Non-Farm Employment Change was forecast to show 106,000 new jobs added to the US labour market. The market created just 12,000 jobs. Moreover, the prior number was revised down from 254,000 to 223,000,

Analysts estimated that the Unemployment Rate will remain at 4.1%. It has remained at that number.

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