US: Employment Shows Further Signs of Cooling, But Elevated Wages Will Keep Fed on the Defensive

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US: Employment Shows Further Signs of Cooling, But Elevated Wages Will Keep Fed on the Defensive 

The U.S. economy added 263k jobs in November, coming in above the consensus forecast of 200k. Overall, revisions to the two prior months were negative, subtracting 23k from the previously reported figures. Employment gains on the service-side (+184k) were largely concentrated in health care & social assistance (+68k), leisure & hospitality (+88k), other services (+24k) […]

The post US: Employment Shows Further Signs of Cooling, But Elevated Wages Will Keep Fed on the Defensive  appeared first on Action Forex.

Source: US: Employment Shows Further Signs of Cooling, But Elevated Wages Will Keep Fed on the Defensive