Fri, 03 May 2024 12:36:43 GMT
US employment data is below all forecasts
The Bureau of Labor Statistics has published the Non-farm Employment Change, Average Hourly Earnings and the Unemployment Rate. The data has been abysmal. US Dollar index has reacted to the news with an initial drop downwards below 105.00.
Non-farm Employment Change was forecast to show 238,000 new jobs created. Actual numbers is just 175,000.
Average Hourly Earnings were expected to show