analysis.hotforex.comNFP – Big, big beat for headline as Unemployment rate ticks up

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NFP - Big, big beat for headline as Unemployment rate ticks up

NFP: Crucial guidance for the policy outlook! Stay tuned for our Nonfarm Payrolls Live Q&A event to boost your trading knowledge!

NFP headline beat at 467k vs. 155k and a revision higher for last month to an impressive 510k from the 199k initial reading. The unemployment rate ticked higher to 4.0% from 3.9%, whilst Earnings increased at 0.7% vs 0.5% this month which reflects a 5.7% annual increase compared to 5.0% last time.  Participation rates also beat at 62.2% vs. 61.8%.

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Andria Pichidi 

Market Analyst

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Source: NFP - Big, big beat for headline as Unemployment rate ticks up