US: NFP surprised to the upside in January – UOB By pabspiovano NFP Employment UnitedStates Banks
“There were two major upside surprises in the Jan 2022 US employment report: employment gain of 467,000 and a wage spike of 5.7% y/y, both well above market expectations.”
“The jobs market continued to make rapid improvements with a strong start to 2022 despite the wave of Omicron-variant infections, but the strong wage growth reflected the difficulties of hiring and inflation worries.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
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