US EditionUS Jobs Data Sends Mixed Signals as Fed Eyes Further Rate Cuts, Experts React
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IFA MagazineUS jobs data sends mixed signals as Fed eyes further rate cuts, experts react
US non-farm payrolls rose by 64k in November, modestly surpassing the consensus expectation of 50k, while private-sector payrolls increased by 69k, also beating the 45k forecast when government jobs are excluded. However, underlying momentum continues to cool, with the three-month moving average of payroll growth slowing to a run rate of just 22k, down sharply from a peak of 232k in January. The unemployment rate also edged higher to 4.6% in Nov…
US non-farm payroll: Checking it twice - London Business News
The US economy added 64,000 jobs in November, versus consensus of 50,000. The unemployment rate came in at 4.6% in November, up from 4.4% in September. Average Hourly Earnings rose… The post US non-farm payroll: Checking it twice appeared first on London Business News
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