The U.S. Department of Labor announced on Friday (6th) that the number of new non-agricultural jobs in December last year was 223,000, which was higher than market expectations of 200,000, and the previous value was revised to 256,000. The unemployment rate for the month was 3.5%, lower than The market expected 3.7%, the previous value was revised down to 3.6%. In addition, the growth rate of average hourly earnings slowed last month, which was lower than market expectations.
December non-farm payrolls report:
- Non-agricultural new employment reported 223,000, expected 200,000, and revised previous value of 256,000
- Unemployment rate reported at 3.5%, 3.7% expected, 3.6% previously
- Average workweek 34.3 hours, expected 34.4 hours, previous value 34.4 hours
- Annual growth in average hourly earnings was reported at 4.6%, vs. 5.0% expected and 4.8% previously
- Average hourly wages rose 0.3% on month, compared with 0.4% expected and 0.4% previously
- Labor participation rate reported at 62.3%, expected 62.2%, previous value 62.2%
After the release of the data, U.S. stock futures rose in the short term, with Nasdaq futures up 0.6%.DowFutures rose 0.5%.S&P 500 IndexFutures rose 0.6%.dollar indexIn the short term, it fell regarding 30 points and is now at 105.30.
Continually updated…