US payrolls +266K in Nov w Oct revised up. Unemp back to 3.5%, U6 unemp+underemp 6.9% v 13.8% in Aust. Wages +3.1%yoy which is >exp but still low given the tightness of the labour market. Suggests US econ holding up pretty well and supports view #Fed will hold at its Dec meeting
Blockbuster US jobs report. Larger than expected payrolls surge (266k vs 180k cons), even in manufacturing. AHE below expectations on MoM (+0.2% vs 0.3% cons) but a beat on YoY basis (+3.1% vs +3.0% consensus).
US GDP was not as strong as thought last year. Q4 was revised down to 1.1% from 2.2%, dropping the YoY figure to 2.5% from 3%
Better than expected jobs⤴️ 196-k in March. Better than estimate of 180-k wages up 3.2% yoy markets rally. Join us now