US Non-Farm payrolls came in at 194,000 vs expectations of 500,000, compared to last month which had an initial reading of 235,000 ( revised today to 366,000). The Unemployment rate fell to 4.8% from 5.2%, Earnings expected to be 0.4% m/m came in better at 0.6% and an annual rate of 4.6% from 4.0% last month.
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Andria Pichidi
Market Analyst
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