US NFP grows 272k, average hourly earnings rises 0.4% mom
US non-farm payroll employment grew 272k in May, well above expectation of 180k. That’s also higher than the average monthly gain of 232k over the prior 12 months. Unemployment rate ticked up from 3.9% to 4.0%, above expectation of 3.9%. Labor force participation rate fell from 62.7% to 62.5%. Average hourly earnings rose 0.4% mom, […] The post US NFP grows 272k, average hourly earnings rises 0.4% mom appeared first on Action Forex.
US non-farm payroll employment grew 272k in May, well above expectation of 180k. That’s also higher than the average monthly gain of 232k over the prior 12 months. Unemployment rate ticked up from 3.9% to 4.0%, above expectation of 3.9%. Labor force participation rate fell from 62.7% to 62.5%. Average hourly earnings rose 0.4% mom, […]
The post US NFP grows 272k, average hourly earnings rises 0.4% mom appeared first on Action Forex.