US Jobs Report
3 May 2019
The Buraeu of Labor Statistics have released the latest jobs report for April. Let’s take a look at the latest numbers.
The total non-farm payroll employment increased by 263,000 the U.S. Bureau of Labor Statistics reported today, beating the forecast of 190,000. Biggest job gains were in professional and business services, construction, health care, and social assistance.
- Professional and business services added 76,000
- Construction added 33,000
- Employment in health grew by 27,000
- Social assistance added 26,000
The unemployment rate fell to its lowest level since December 1969 to 3.6% beating the forecast of 3.8%. The number of unemployed persons decreased by 387,000 to 5.8 million. The average hourly earnings remained unchanged at 3.2%, below the forecast of 3.3%.
USDCAD – Hourly
USDJPY – Hourly
The next US jobs report is on 7th June.
This article is written by a GO Markets Analyst and is based on their independent analysis. They remain fully responsible for the views expressed as well as any remaining error or omissions. Trading Forex and Derivatives carries a high level of risk.
Sources: Go Markets MT4, Google, Datawrapper,
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.
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