Non-Farm Payrolls Beat. It’s All Going According to the Fed’s Plan!

[PocketOption]

Non-Farm Payrolls Beat. It's All Going According to the Fed's Plan!

US Non-farm Payrolls for October were stronger than anticipated at +261,000 vs an expectation of +200,000 and a previous reading of +315,000.  The Unemployment Rate rose from 3.5% to 3.7%, while the participation rate fell to 62.2% vs 63.3% previously.  In addition, Average Hourly Earnings rose to 0.4% from 0.3%.  Today's employment data continues to […]

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Source: Non-Farm Payrolls Beat. It's All Going According to the Fed's Plan!