EURUSD 1.1195 -0.03%
#BK 43.20 -1.64%
#KHC 30.25 0.40%
#UTX 126.60 1.95%
GBPUSD 1.2557 -0.06%
#C 67.99 2.22%
#KO 50.64 -0.39%
#VZ 57.35 -0.44%
USDJPY 108.52 -0.06%
#CAT 130.34 2.40%
#MCD 204.44 0.35%
#WMT 109.67 0.47%
USDCHF 1.0012 0.05%
#CL 54.00 -0.39%
#MDLZ 54.57 -0.26%
#XOM 75.74 0.96%
USDCAD 1.3377 0.04%
#CSCO 56.02 1.21%
#MMM 171.85 2.99%
AUDCAD 0.9192 -0.08%
EURJPY 121.46 -0.08%
#DIS 139.21 -1.20%
#MO 50.11 -1.44%
AUDCHF 0.6882 -0.06%
EURCHF 1.1208 0.04%
#DWDP 30.49 0.00%
#MRK 84.48 1.44%
AUDJPY 74.54 -0.16%
GBPJPY 136.25 -0.12%
#EBAY 39.66 1.69%
#MSFT 135.11 1.83%
AUDUSD 0.6875 -0.12%
GBPCHF 1.2572 0.00%
#F 10.09 0.50%
#NG 2.338 0.17%
CADCHF 0.7480 0.01%
GOLD 1342.61 -0.19%
#GE 10.40 3.75%
#NOK 5.00 0.80%
CADJPY 81.09 -0.11%
#AA 22.51 3.78%
#GOOG 1102.93 1.17%
#ORAN 15.73 1.72%
CHFJPY 108.29 -0.10%
#AAPL 198.36 2.45%
#HD 207.52 0.38%
#PFE 43.06 0.49%
CRSIDX 10154.7 -0.10%
#ADBE 276.67 0.50%
#HON 175.73 2.00%
#PG 109.59 -1.22%
EURAUD 1.6290 0.08%
#AIG 53.34 0.69%
#HPQ 20.52 3.12%
#QQQ 186.31 1.50%
EURGBP 0.8914 0.04%
#AMD 30.44 4.17%
#IBM 136.35 1.10%
#S 7.20 1.67%
NZDCAD 0.8726 -0.11%
#AMZN 1899.96 0.90%
#INTC 47.34 2.72%
#SNE 52.21 0.23%
NZDCHF 0.6529 -0.11%
#AXP 123.41 1.64%
#IP 42.67 0.52%
#SPY 292.21 1.04%
NZDJPY 70.76 -0.23%
#BA 374.02 5.18%
#JNJ 140.18 0.58%
#T 32.43 0.52%
SILVER 14.92 -0.27%
#BAC 28.62 2.52%
#JPM 110.68 1.39%
#UL 62.32 -0.19%

U.S. Employment Climbs Much Less Than Expected In November

07.12.2018 09:15 (UTC +0)

After reporting strong job growth in the previous month, the Labor Department released a report Friday morning showing employment in the U.S. increased by much less than expected in the month of November.

The report said non-farm payroll employment rose by 155,000 jobs in November after surging up by a downwardly revised 237,000 jobs in October.

Economists had expected employment to climb by about 200,000 jobs compared to the jump of 250,000 jobs originally reported for the previous month.

"However, markets shouldn't be too disappointed as the fact that there aren't enough workers was almost certainly a major factor," said ING Chief International Economist James Knightley.

He added, "Indeed, the National Federation of Independent Businesses continues to report that the proportion of firms that can't fill the vacancies remains at an all-time high."

The Labor Department said the job growth in November reflected notable increases in employment in the health care, manufacturing, and transportation and warehousing sectors.

Meanwhile, the report said the unemployment rate in November remained unchanged for the second straight month at 3.7 percent, holding at its lowest level since hitting 3.5 percent in December of 1969.

The unemployment rate held steady as a 233,000 person gain in the household survey measure of employment more than offset a 133,000 person increase in the size of the labor force.

Average hourly employee earnings rose by $0.06 to $27.35 in November, reflecting a 3.1 percent increase compared to the same month a year ago. The annual rate of growth was unchanged from October.

"In terms of the outlook, decent economic momentum means there is little reason to expect a significant drop-off in demand for workers anytime soon," Knightley said. "The key question is whether companies can actually find workers."

"Given the scarcity of available labor, this suggests further upside for wages," he added. "This will add to inflationary pressures in the US economy and ensure a December interest rate hike from the Fed."



Powered by MT5 Forex portal.

>> Back to list
FOREX quotes
EURUSD 1.1195 -0.03%
GBPUSD 1.2557 -0.06%
USDJPY 108.52 -0.06%
USDCHF 1.0012 0.05%
USDCAD 1.3377 0.04%
EURJPY 121.46 -0.08%
EURCHF 1.1208 0.04%
GBPJPY 136.25 -0.12%
GBPCHF 1.2572 0.00%
GOLD 1342.61 -0.19%
#AA 22.51 3.78%
#AAPL 198.36 2.45%
#ADBE 276.67 0.50%
#AIG 53.34 0.69%
#AMD 30.44 4.17%
#AMZN 1899.96 0.90%
#AXP 123.41 1.64%
#BA 374.02 5.18%
#BAC 28.62 2.52%
#BK 43.20 -1.64%
#C 67.99 2.22%
#CAT 130.34 2.40%
#CL 54.00 -0.39%
#CSCO 56.02 1.21%
#DIS 139.21 -1.20%
#DWDP 30.49 0.00%
#EBAY 39.66 1.69%
#F 10.09 0.50%
#GE 10.40 3.75%
#GOOG 1102.93 1.17%
#HD 207.52 0.38%
#HON 175.73 2.00%
#HPQ 20.52 3.12%
#IBM 136.35 1.10%
#INTC 47.34 2.72%
#IP 42.67 0.52%
#JNJ 140.18 0.58%
#JPM 110.68 1.39%
#KHC 30.25 0.40%
#KO 50.64 -0.39%
#MCD 204.44 0.35%
#MDLZ 54.57 -0.26%
#MMM 171.85 2.99%
#MO 50.11 -1.44%
#MRK 84.48 1.44%
#MSFT 135.11 1.83%
#NG 2.338 0.17%
#NOK 5.00 0.80%
#ORAN 15.73 1.72%
#PFE 43.06 0.49%
#PG 109.59 -1.22%
#QQQ 186.31 1.50%
#S 7.20 1.67%
#SNE 52.21 0.23%
#SPY 292.21 1.04%
#T 32.43 0.52%
#UL 62.32 -0.19%
#UTX 126.60 1.95%
#VZ 57.35 -0.44%
#WMT 109.67 0.47%
#XOM 75.74 0.96%
AUDCAD 0.9192 -0.08%
AUDCHF 0.6882 -0.06%
AUDJPY 74.54 -0.16%
AUDUSD 0.6875 -0.12%
CADCHF 0.7480 0.01%
CADJPY 81.09 -0.11%
CHFJPY 108.29 -0.10%
CRSIDX 10154.7 -0.10%
EURAUD 1.6290 0.08%
EURGBP 0.8914 0.04%
NZDCAD 0.8726 -0.11%
NZDCHF 0.6529 -0.11%
NZDJPY 70.76 -0.23%
SILVER 14.92 -0.27%
Powered by CorsaCapital