US Average Hourly Earnings m/m

June's gain of 57,000 jobs failed to meet economists' expectations, with payroll growth cooling after months of growth. Still, the labor market appeared to be on steady footing, with the unemployment rate sliding to 4.2%. But look under the hood of Thursday's jobs report, and there's some evidence that this remains a tough — or at least weird — labor market for job-seekers. Long-term unemployment — the measure of those who have been out of work at least 27 weeks as a share of the total number of jobless people — dipped a tad in June ...

The luster fell a bit off the employment rose in June with nonfarm payrolls rising 57,000 against expectations of a 115,000 increase, according to today’s report from the Bureau of Labor Statistics. Moreover, the increases previously reported for April and May were revised down by a total of 74,000. Upon revision, payrolls increased 148,000 in April versus 179,000 previously reported and rose 129,000 in May versus 172,000 previously reported. The average increase over the past three months fell to 111,000 from 164,000 in May while ...

The June US jobs report led with a softer-than-expected non-farm payroll growth number of 57,000 (consensus 113k) with 74,000 downward revisions to the past two months. The unemployment rate dipped to 4.2% from 4.3%, but this was primarily caused by a big drop in the participation rate to 61.5% from 61.8% – ie not a good reason since it highlights worker disengagement. In fact, the details show the number of people employed falling by half a million, while the number of people unemployed fell 213k, meaning more than 700k left the ...

The dollar fell noticeably in the wake of U.S. nonfarm payroll numbers that landed at 57K, almost half the 110K figure the market was watching. The unemployment rate fell slightly to 4.2% from 4.3% previously, while hourly earnings were relatively steady at 3.5%, up from 3.4% last month. Foreign exchange markets were primed for a strong print following June's run of above-consensus data prints that pointed to an improving economic backdrop. "The fundamental strength of the US economy has underpinned a level of market performance in ...

A cooler reading on payrolls in June, which broke a three-month hot streak, is still likely to keep Federal Reserve officials' full attention on inflation and extend the interest rate pause, while preserving the hawks' case for potential rate hikes later this year. The US economy added 57,000 jobs in June, fewer than expectations for 113,000 and down sharply from May. The unemployment rate inched down to 4.2%, compared with 4.3% the previous month and expectations for it to hold steady. The strong payroll reports for April and May ...

The Bureau of Labor Statistics’ June jobs report, which will be released on Thursday at 8:30 a.m. ET, is expected to show that the recent trend of stable hiring continued for a fourth straight month, but that wage growth remains below inflation. The report is likely to show a gain of 115,000 jobs, the unemployment rate largely unchanged at 4.3% and average hourly wage growth of 3.5%, according to a survey of analysts and economists conducted by Dow Jones. The report is being issued on Thursday instead of its traditional Friday ...

USD/CHF technical analysis takes center stage as Michael Boutros, FOREX.com Senior Market Analyst, explains why the pair is testing a major multi-year resistance zone just ahead of key U.S. employment data. He outlines the critical technical levels, support and resistance zones, and why the Non-Farm Payrolls report could determine whether USD/CHF confirms a fresh bullish breakout or reverses from a major inflection point.