- Prior was +228K
- Two-month net revision: -58K versus -8K prior
- Unemployment rate: 4.2% versus 4.2% expected
- Prior unemployment rate: 4.1%
- Unrounded unemployment rate: 4.1872% versus 4.1519% prior
- Participation rate: 62.6% versus 62.5% prior
- Average hourly earnings (m/m): +0.2% versus +0.3% expected and +0.3% prior
- Average hourly earnings (y/y): +3.8% versus +3.9% expected and +3.8% prior
- Average weekly hours: 34.3 versus 34.2 expected and 34.2 prior
- Change in private payrolls: +167K versus +125K expected and +209K prior (revised to 170K)
- Change in manufacturing payrolls: -1K versus -5K expected and +3K prior
- Government jobs: +10K versus +19K prior
- Full-time jobs: +305K versus +87K prior
- Part-time jobs: +56K versus +247K prior
- Household survey +436K vs +201K prior
The market is taking this as good news for the US dollar and I can get behind that as it shows steady hiring. S&P 500 futures are up 1% and gained since the data.
This article was written by Adam Button at www.forexlive.com.
