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NFP rose by 215,00 in March

Friday, Apr 01 2016
Total nonfarm payroll employment rose by 215,000 in March.Smaller increase by 206,000 was predicted. Employment gains occurred in retail trade, construction, and health care, while job losses occurred in manufacturing and mining. Unemployment rate rose to 5.0%, while it was expected that it will remain unchanged.
 In March, average hourly earnings for all employees on private nonfarm payrolls increased by 7 cents to $25.43, following a 2-cent decline in February, which is 0.3% increase. This was above forecasts on incline by 0.2%. Over the year, average hourly earnings have risen by 2.3 percent. In March, average hourly earnings of private-sector production and nonsupervisory employees increased by 4 cents to $21.37. 
 
Euro is currently being traded few points above 1.1390 level, Sterling is around 1.4270 handle, while Aussie is at 0.7660 area. Later today, Manufacturing PMI and revised Consumer Sentiment figures are scheduled for a release.
More in this category: « UK Manufacturing PMI increased less then expected US Consumer Confidence eased from February »

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