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U.S PRIVATE NONFARM PAYROLLS (APR) ACTUAL: 167K VS 232K PREVIOUS; EST 195K U.S AVERAGE HOURLY EARNINGS (MOM) (APR) ACTUAL: 0.2% VS 0.3% PREVIOUS; EST 0.3% U.S AVERAGE HOURLY EARNINGS (YOY) (YOY) (APR) ACTUAL: 3.9% VS 4.1% PREVIOUS; EST 4.0%
Much weaker than expected non-farm payrolls data US Nonfarm Payrolls Actual 175k (Forecast 240k, Previous 303k) US Private Payrolls Actual 167k (Forecast 195k, Previous 232k) US Unemployment Rate Actual 3.9% (Forecast 3.8%, Previous 3.8%) US Average Earnings YoY Actual 3.9%… https://t.co/WHDBQ1gBMs
BREAKING: US NONFARM PAYROLLS ACTUAL 175K (FORECAST 240K, PREVIOUS 303K) https://t.co/DO3Dlb3DfC https://t.co/FhwLVSpo2s
US jobless claims for the week ending April 27 remained at 208,000, slightly below the consensus forecast of 211,000. In contrast, non-farm payrolls for April came in at 175,000, lower than the expected 238,000 and the previous 315,000. Average hourly earnings also fell slightly below expectations.