US: NFP jumps to 171K in October

FXstreet.com (Barcelona) - The nonfarm payroll report for October surprised the market and analysts by jumping to 171K in October, beating the consensus of a rise from 114K to 125K. Average weekly hours were revised lower from 34.5 to 34.4 in September and remained at that figure in October, despite consensus of 34.5. The average hourly earnings didn't change on the month, instead of rising +0.2%, still lower than the previous rise of +0.3%.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.

RELATED TOPICS