US NFP: Job creation disappointed in December – UOB By pabspiovano NFP Employment Banks UnitedStates
“US jobs creation disappointed again with a 199,000 increase in Dec, well below expectations, but the upside surprise came from the unemployment rate which slipped to 3.9% , below the Fed’s longer run level of 4%.”
“Taken together, the jobs market continued to make rapid improvements and the Dec numbers reflected the difficulties of hiring rather than the lack of employment opportunities.” If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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