Friday, February 6, 2015

Non-farm employment and unemployment rate rise

Unlike the ADP figures on Wednesday, the actual non-farm employment change saw 257 thousand new jobs being created in January, beating the forecasted 236 thousand. This is still short of December`s solid 329 thousand.

In terms of the unemployment rate, January saw a slight climb to 5.7%, missing estimates and the prior period`s 5.6%.

The employment situation report in the US can be found here.

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