US rates lift off closer on jobs data

09 August 2015

 

US employers added 215k jobs in June, slightly below markets estimates of 223k, according to the US Labor Department. Unemployment held steady at 5.3%, a 7 year low. There were 14k of upward revisions to the previous two months jobs data. The jobs growth was broadly based and confirms that nearly 3m jobs were added in the past 12 months. This was seen as enough by traders for the Fed...

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