Non-farm payrolls added 273,000 workers, far more than the 175,000 forecast. Prior months revised higher by 85,000, three month average 243,000, Joseph Trevisani from FXStreet reports. Key quotes “Non-farm payrolls rose 273,000 last month as the U-3 unemployment rate dropped to 3.5% equaling its lowest level in half a century, reported the Labor Department on Friday.” “An alternative unemployment measure the U-6 or underemployment rate, which has a more expansive definition, rose to 7% from 6.9%.” “December and January job figures were revised higher by 85,000 bringing the three-month average to an impressive 243,000.” “Hiring decisions for February were largely taken before the Coronavirus scare struck so hard at financial markets. In general US economic statistics have been strong through the first two months of the year.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Bitcoin Weekly Forecast: BTC bulls wrestled out control over the market and hit the pause button FX Street 2 years Non-farm payrolls added 273,000 workers, far more than the 175,000 forecast. Prior months revised higher by 85,000, three month average 243,000, Joseph Trevisani from FXStreet reports. Key quotes “Non-farm payrolls rose 273,000 last month as the U-3 unemployment rate dropped to 3.5% equaling its lowest level in half a century, reported the Labor Department on Friday.” “An alternative unemployment measure the U-6 or underemployment rate, which has a more expansive definition, rose to 7% from 6.9%.” “December and January job figures were revised higher by 85,000 bringing the three-month average to an impressive 243,000.” “Hiring decisions for February were largely… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
