EN
Non-Farms: US Jobs Numbers Are In
2 November 2018US Jobs Numbers Are In
The Bureau of Labor Statistics have released the latest jobs report for September. Let’s take a look at the latest numbers.
The total non-farm payroll employment increased by 250,000 the U.S. Bureau of Labor Statistics reported today versus the forecast of 193,000. Most significant job gains were in health care, in manufacturing, in construction, and in transportation and warehousing.
- Health care added 36,000 jobs
- Manufacturing increased by 32,000
- Construction employment rose by 30,000
- Transportation and warehousing added 25,000
The unemployment rate remained unchanged at 3.7% in October, still the lowest level since December 1969. The number of unemployed persons was little changed at 6.1 million.
The average hourly earnings increased to 3.1%, below the expectation of 3.2%.
USD/JPY Hourly Chart
GBP/USD Hourly Chart
EUR/USD Hourly Chart
The next US jobs report is on 7th December.
This article is written by a Encrypt Investment Analyst and is based on their independent analysis. They remain fully responsible for the views expressed as well as any remaining error or omissions. Trading Forex and Derivatives carries a high level of risk.
Sources: Encrypt Investment MT4, Google, Datawrapper
Disclaimer: Articles are from Encrypt Investment analysts and contributors and are based on their independent analysis or personal experiences. Views, opinions or trading styles expressed are their own, and should not be taken as either representative of or shared by Encrypt Investment. Advice, if any, is of a ‘general’ nature and not based on your personal objectives, financial situation or needs. Consider how appropriate the advice, if any, is to your objectives, financial situation and needs, before acting on the advice. If the advice relates to acquiring a particular financial product, you should obtain and consider the Product Disclosure Statement (PDS) and Financial Services Guide (FSG) for that product before making any decisions.
Next Article
What to expect from the RBA this Tuesday?
Australian’s weak inflation report this week has set the tone for the RBA’s Rate Statement next Tuesday. The underlying inflation reading remains well below the RBA’s target 2-3% for the 11th consecutive quarter. There is no doubt that the Australian inflationary outlook remains feeble. Some cyclical and structural headwinds are pre...
Previous Article
US Mid-Term Election Be Prepared!
Why should you care? There are two main consequences of the US mid-term election: Cripple Trump’s Administration �...