US employment figures: no barriers left for next US rate rise

10 March 2017

 

The US unemployment rate is well under 5% after six years of continuous employment growth. The latest figures for February continue this admirable performance and according to the US Bureau of Labor Statistics, 235,000 jobs were created in the non-farm sector in February against expectations of 200,000. After revisions to previous months’ figures, the unemployment rate fell from 4.8% to 4.7% as the participation rate rose 0.1% to 63.0%. The...

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