The U.S Economy Sheds Much Less than Expected Jobs and Unemployment Peaks at 9.4 Percent!
The U.S Economy Sheds Much Less than Expected Jobs and Unemployment Peaks at 9.4 Percent!
Surprising indeed was the final revelation and the labor market had something else to say to all analysts and investors as the nonfarm payrolls testified that the recession is easing and the pace of layoffs has slowed as the worst has […]
Dollar Strengthens On Better Than Expected Jobs Data
Dollar Strengthens On Better Than Expected Jobs Data
Overall: In a reversal of what we have seen lately, positive economic news spurred traders to buy the dollar as better than expected non-farm payrolls led traders to speculate it would be the U.S. that leads the global economy out of the recession. The dollar strengthened against all […]
NFP Falls Much Less Than Expected
NFP Falls Much Less Than Expected US May nonfarm payroll declined by 345K, the market had expected a decline of 520K. This marks the smallest decline in US nonfarm payrolls since September 2008 and was half the average monthly decline for the prior six months. The government also revised April and March nonfarm […]