RevelioLabs Total Nonfarm Payrolls (Dec.): 71k (prev. -9k)
Newsquawk Staff ·
RevelioLabs Total Nonfarm Payrolls (Dec.): 71k (prev. -9k)
What it means
The December Nonfarm Payrolls came in at 71k, significantly rebounding from the previous decline of -9k. This positive print could indicate a strengthening labor market, likely influencing expectations for monetary policy as the Fed assesses growth versus inflation.
Sources
- New Zealand Unemployment Rate (Q3) 5.7% vs. Exp. 5.5% (Prev. 5.6%)
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- US Factory Orders ex Transportation (Sep) 1.3% vs. Exp. 0.5% (Prev. 0.4%)
- US Factory Orders (Sep MM) 1.8% vs. Exp. 1.2% (Prev. 0.1%)
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