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US total nonfarm payroll employment disapoints and stocks dive again

EURUSD News by Newsroom on 08:46 April 07, 2017 EST

The latest NFP report released on Friday shows 98,000 were created last month, much lower thaan the 174,000 forecast.

The unemployment rate dropped to 4.5% from 4.7% due to declining in losing a job or completing a temp job (-190k) & fewer reentrants (-131k).

Wage inflation was 0.2% for the month in line with expectations.

Stocks lower after the release.


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