Last week, the US saw Non-Farm Payrolls increase by 223,000 for the month of December. In addition, the Unemployment Rate decreased to 3.5% from 3.6% in November. This was the lowest rate in 50 years. However, markets focused on the Average Hourly Earnings component of the data, which fell to 4.6% YoY vs 5% YoY […]
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