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NonFarm


Nonfarm Payrolls (NFP) in the US declined by 701,000 in March, the data published by the US Bureau of Labor Statistics showed on Friday. This reading followed February’s increase of 275,000 (revised from 273,000) and missed the market expectation of -100,000 by a wide margin. Further details of the publication revealed that the Unemployment Rate in March …

The US economy has gained only 145,000 jobs in December, worse than 164,000 expected. Moreover, wages have risen by only 0.1% monthly, 2.9% yearly against 3.1% projected. Revisions draw 14,000 from previous months’ job gains. The unemployment rate remains at 3.5% with the participation rate at 63.2%, both unchanged. The dollar is down across the …