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US employment trends for January 108.35 versus 109.23 last month

With the US jobs report behind us, the employment trend index for January is now out:

  • prior month 109.70 revised to 109.23
  • Employment trends for January 108.35

On Friday, nonfarm payrolls rose by 143K which was lower than the 170K estimate. The unemployment rate however dipped to 4.0% from an expected 4.1%.

This article was written by Greg Michalowski at www.forexlive.com.

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