US labour market data contradictory
According to data published by the US Bureau of Labor Statistics on Friday 209,000 new non-farm jobs were created in June of this year, which is slightly below projected levels.
According to data published by the US Bureau of Labor Statistics on Friday 209,000 new non-farm jobs were created in June of this year, which is slightly below projected levels. Total unemployment remains unchanged, with the average hourly wage rising by 4.4% on an annualised basis, which is slightly above the level forecast by the majority of analysts. After the data was published, the dollar weakened slightly.
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