Thursday , 21 November 2024
Home Forex US March employment trends 112.84 vs 112.29 prior
Forex

US March employment trends 112.84 vs 112.29 prior

  • Prior was 112.29 (revised to 111.85)

This is a composite of data that’s already released so it’s not a market mover.

“The ETI increased slightly in March, signaling employment will continue to grow in Q2 of 2024,” said Will Baltrus, Associate Economist at The Conference Board.
“Although the ETI has been on a downward trajectory since its peak in
March 2022, this trend has decelerated since August 2023, with monthly
oscillations between modest increases and modest decreases. However, the
Index remains above its prepandemic level and is still consistent with
continued employment growth.”

This article was written by Adam Button at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Australian economy – household income has collapsed back to 2009 levels

This is via Roger Wilkins, an economist at The University of Melbourne.A...

ICYMI – SEC Chair Gensler to Depart Agency on January 20

The US Securities and Exchange Commission announced on Thursday that its Chair,...

Deutsche Bank: EUR/USD could fall below parity, potentially reaching 0.95 or even lower.

A note from Deutsche Bank analysts see them warning that a full-force...

Australia preliminary manufacturing PMI November 49.4 (October was 47.3)

Australia Judo Bank / S&P Global data. Mixed bag, up for manufacturing...