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News & analysis
News & analysis

Non-Farms: US Jobs Numbers Are In

2 November 2018 By Klavs Valters

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US Jobs Numbers Are In

The Bureau of Labor Statistics have released the latest jobs report for September. Let’s take a look at the latest numbers.
The total non-farm payroll employment increased by 250,000 the U.S. Bureau of Labor Statistics reported today versus the forecast of 193,000. Most significant job gains were in health care, in manufacturing, in construction, and in transportation and warehousing.

  • Health care added 36,000 jobs
  • Manufacturing increased by 32,000
  • Construction employment rose by 30,000
  • Transportation and warehousing added 25,000

The unemployment rate remained unchanged at 3.7% in October, still the lowest level since December 1969. The number of unemployed persons was little changed at 6.1 million.

 

us unemployment rate market impact

The average hourly earnings increased to 3.1%, below the expectation of 3.2%.

 

non-farm payroll earnings increase

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The next US jobs report is on 7th December.

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

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