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NFP Improves and Beats Forecast; Unemployment Rate Rises

posted by Avatar FXTimes 289 days ago in Fundamental, Monthly, Special made popular 289 days ago

Private sector employment change improved during July, rising to 163K after June’s 64K, which was revised lower from 80K.

The Unemployment rate meanwhile edged up to 8.3% in July from 8.2% in June.

Interestingly enough, this is the best NFP figure in 5 months, and the worst unemployment data in 5 months.

It was not like there was a jump in...
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