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- Professional and business services added 76,000
- Construction added 33,000
- Employment in health grew by 27,000
- Social assistance added 26,000
News & AnalysisThe Buraeu of Labor Statistics have released the latest jobs report for April. Let’s take a look at the latest numbers.
The total non-farm payroll employment increased by 263,000 the U.S. Bureau of Labor Statistics reported today, beating the forecast of 190,000. Biggest job gains were in professional and business services, construction, health care, and social assistance.
The unemployment rate fell to its lowest level since December 1969 to 3.6% beating the forecast of 3.8%. The number of unemployed persons decreased by 387,000 to 5.8 million. The average hourly earnings remained unchanged at 3.2%, below the forecast of 3.3%.
USDCAD – Hourly
USDJPY – Hourly
The next US jobs report is on 7th June.
This article is written by a GO Markets Analyst and is based on their independent analysis. They remain fully responsible for the views expressed as well as any remaining error or omissions. Trading Forex and Derivatives carries a high level of risk.
Sources: Go Markets MT4, Google, Datawrapper,
The information provided is of general nature only and does not take into account your personal objectives, financial situations or needs. Before acting on any information provided, you should consider whether the information is suitable for you and your personal circumstances and if necessary, seek appropriate professional advice. All opinions, conclusions, forecasts or recommendations are reasonably held at the time of compilation but are subject to change without notice. Past performance is not an indication of future performance. Go Markets Pty Ltd, ABN 85 081 864 039, AFSL 254963 is a CFD issuer, and trading carries significant risks and is not suitable for everyone. You do not own or have any interest in the rights to the underlying assets. You should consider the appropriateness by reviewing our TMD, FSG, PDS and other CFD legal documents to ensure you understand the risks before you invest in CFDs. These documents are available here.
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