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US Jobs Market is too strong to cheer investors up

Started by PocketOption, Oct 10, 2022, 01:32 pm

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PocketOption

US Jobs Market is too strong to cheer investors up

Friday's US jobs data wasn't exactly what investors had wished for. The US economy added 263'000 new nonfarm jobs in September (slightly higher than 250'000 expected), the wages grew 0.3% over the month (as expected), but the unemployment rate surprisingly fell to 3.5%, as the participation rate fell slightly. That was the exact opposite of […]


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