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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (20910)	8/5/2016 10:20:44 AM
From: Andrew~	Respond to of 202682

US DATA: U.S. non-farm payrolls jumped 255,000 in July, well above the 188,000 expected, with both May and June job gains revised up (by a net 18,000), the Labor Department reported Friday. The data make clear that May's weaker than expected increase was an aboration and that the labor market strengthened in the first two summer months. This will undoubtedly boost expectations that the Federal Reserve could raise interest rates as soon as their September meeting. Despite the still-weak showing in May, jobs gains have averaged 190,000 in the last three months, up modestly from the 188,000 average for Feb-April. The July data were strong across the board: average weekly hours up 0.1 hour to 34.5 hours and average hourly earnings up 8 cents, or 0.3%, to $25.69 per hour. Average hourly earnings are up 2.6% over the last year. The unemployment rate held steady at 4.9%, with the number of unemployed person essentially unchanged at 7.8 million. Both measures have shown little change since August last year, the Labor Department said. Source Market News International (MNI) – A Deutsche Börse company 05-August-2016 09:30:15