US job growth rebounded sharply in August, with nonfarm payrolls rising from a revised +21K in July to +162K, nearly three times 58K consensus. July was revised up from -23K, while June was revised from +20K to +31K, leaving combined June-July employment 55K higher than previously reported. Three-month average payroll growth improved to 71K, materially […]
The post US NFP Smashes Forecasts With 162k Growth, July Revisions Turn Positive appeared first on ActionForex.
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Markets Sometimes the numbers speak for themselves. The US labour market added 162k jobs in August. Market consensus expected a 55k increase. June and July data showed a cumulative upward revision of 55k. The unemployment Read more…