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Non-Farm Employment payroll sky rockets

SPX News by Newsroom on 08:31 March 10, 2017 EST

The latest NFP report shows 235,000 new jobs created in the last month versus expectations of less than 200,000 and the previous gain of 227,000.

Also gains on payslips but not as much as expected:

US Average Hourly Earnings (MoM) Feb: 0.20% (est 0.30%; rev prev 0.20%)
Avg Hourly Earnings (YoY) Feb: 2.80% (est 2.80%; rev prev 2.80%)

Unemployment rate remains the same:

US Unemployment Rate Feb: 4.70% (est 4.70%; prev 4.80%)


Stocks muted but dollar losing some ground against the Euro.

[news in progress]


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