With the US jobs report behind us, the employment trend index for January is now out:
- prior month 109.70 revised to 109.23
- Employment trends for January 108.35
On Friday, nonfarm payrolls rose by 143K which was lower than the 170K estimate. The unemployment rate however dipped to 4.0% from an expected 4.1%.
The market pays attention to the BLS employment report the most. This is just an attempt to summarize the jobs data announced in January.
This article was written by Greg Michalowski at www.forexlive.com.
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