US jobs up, local banks expect Fed to raise rates

09 January 2017

 

The US labour market may have added less jobs than expected but markets have found something else in the report on which to focus. According to the US Bureau of Labor Statistics 156,000 jobs were created in the non-farm sector in December against expectations of 175,000 but to offset this less-than-ideal result, November’s figures were revised up from 178,000 to 204,000 and over 2.1 million jobs were created during the...

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