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USD down after disappointing NFP figures

Total nonfarm payroll employment changed little in May (+38,000). Analysts were anticipating increase by 159,000. Job growth occurred in health care. Mining continued to lose jobs, and a strike resulted in job losses in information. Unemployment rate declined by 0.3 percentage point to 4.7% and the number of unemployed persons declined by 484,000 to 7.4 million. Both measures had shown little movement from August to April.  Read more...

Australian Unemployment Rate remains steady at 5.7%

Australia’s economy added jobs in April and the unemployment rate held at a 2 1/2 year low as the number of people in part-time roles increased. Unemployment was unchanged at 5.7%; economists predicted 5.8%. Employment rose 10,800 from March; economists forecast 12,000 gain. Full-time jobs fell by 9,300; part-time employment rose by 20,200. Participation rate, a measure of labor force as a share of the population, dropped to 64.8%; economists predicted 64.9%. Read more...

UK Unemployment Rate unchanged at 5.1%

For April 2016 there were 737,800 people claiming unemployment related benefits. This was: 2,400 fewer than for March 2016 but 57,600 fewer than for a year earlier. Analysts were predicting increase by 4,000. The unemployment rate for those aged 16 and over for January to March 2016 was 5.1%. This was: unchanged compared with October to December 2015, but down from a year earlier (5.6%) and slightly lower than the pre-downturn trough of 5.2% for late 2007 to early 2008. Read more...

Nonfarm payroll employment increased less than expected

Total nonfarm payroll employment increased by 160,000 in April. Analysts were predicting increase by 205,000. Over the prior 12 months, employment growth had averaged 232,000 per month. In April, employment gains occurred in professional and business services, health care, and financial activities, while mining continued to lose jobs. Unemployment rate remain stable at 5.0%. Read more...

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