US April non-farm payrolls +177K vs +130K expected ...Middle East

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US April non-farm payrolls +177K vs +130K expected
source : forex live ( Middle East ) () 21
Prior was +228KTwo-month net revision: -58K versus -8K priorUnemployment rate: 4.2% versus 4.2% expectedPrior unemployment rate: 4.1%Unrounded unemployment rate: 4.1872% versus 4.1519% priorParticipation rate: 62.6% versus 62.5% priorAverage hourly earnings (m/m): +0.2% versus +0.3% expected and +0.3% priorAverage hourly earnings (y/y): +3.8% versus +3.9% expected and +3.8% priorAverage weekly hours: 34.3 versus 34.2 expected and 34.2 priorChange in private payrolls: +167K versus +125K expected and +209K prior (revised to 170K)Change in manufacturing payrolls: -1K versus -5K expected and +3K priorGovernment jobs: +10K versus +19K priorFull-time jobs: +305K versus +87K prior Part-time jobs: +56K versus +247K priorHousehold survey +436K vs +201K prior

The market is taking this as good news for the US dollar and I can get behind that as it shows steady hiring. S&P 500 futures are up 1% and gained since the data.

This article was written by Adam Button at www.forexlive.com.

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