Details of the October 2015 US non farm payrolls and employment data report 6 November 2015
- Prior 142k. Revised to 137k
- Unemployment rate 5.0% vs 5.1% exp. Prior 5.1%
- Average hourly earnings 0.4% vs 0.2% exp m/m. Prior 0.0%
- Average weekly hours 34.5 vs 34.5 exp. Prior 34.5
- Participation rate 62.4% vs 62.4% prior
- Private payrolls 268k vs 165k exp. Prior 118k. Revised to 149k
- Manufacturing payrolls 0k vs -5k exp. Prior -9k
- Government 3k vs 24k prior. Revised to -12k
- U6 underemployment 9.8% vs 10.0% prior
The headline speaks for itself. Wages rose too but nothing huge. USDJPY nicks 4 pips above 123.00. EURUSD has been smashed down to 1.0707 and is bouncing to 1.0738
There's nothing much bad to say about the report apart from nit-picking. There will be a lot of relief after the last two reports so expect the gains in the buck to continue
US NFP
