It’s the beginning of a new month which means that the US Non-Farm Payrolls figures will be released by the US Bureau of Labor Statistics.
The latest US jobs data for November will be released at 1:30PM London time on Friday.
Click here to find out why the Non-Farm Payrolls announcement is one of the most closely watched economic events in the calendar and what impact it has on the financial markets.
October data and expectations
In October, the total Non-Farm Payrolls employment increased by 150K jobs, which was below analysts’ expectations of 180K jobs. Most significant job gains were in health care, government, and social assistance.
The unemployment rate rose from 3.8% to 3.9% – the highest level since January 2022.
Analysts are expecting 185K jobs to be added in November. Unemployment rate is expected to remain unchanged at 3.9%.
Non-Farm Payrolls since January 2023
Unemployment rates since January 2023
Source: US Bureau of Labor Statistics
Disclaimer: Articles are from GO Markets analysts and contributors and are based on their independent analysis or personal experiences. Views, opinions or trading styles expressed are their own, and should not be taken as either representative of or shared by GO Markets. Advice, if any, is of a ‘general’ nature and not based on your personal objectives, financial situation or needs. Consider how appropriate the advice, if any, is to your objectives, financial situation and needs, before acting on the advice.
US technology giant and one of the largest semiconductor companies in the world, Broadcom Inc. (NASDAQ: AVGO), announced fourth quarter and fiscal year 2023 results after the market close in the US on Thursday. Company overview Founded: 1961 Headquarters: San Jose, California, United States Number of employees: 20,000 (2023) Indust...
The largest US retailer of aftermarket automotive parts, AutoZone (NYSE: AZO), released its latest earnings report for its fiscal first quarter that e...