US non-farm payrolls: Friday, 8 March 2024
Key takeaways from the latest announcement
- The US economy added 275,000 jobs in February, according to the Bureau of Labor Statistics, surpassing expectations for 200,000 new payrolls.
- The number of additional jobs marked an increase on the January figure of 229,000, downwardly revised from an initial estimate of 353,000. The December figure was also reduced to 290,000, down from a previous estimate of 333,000.
- The unemployment rate rose to 3.9% in February, up from 3.7% in January.
Disclaimer: CMC Markets is an execution-only service provider. The material (whether or not it states any opinions) is for general information purposes only, and does not take into account your personal circumstances or objectives. Nothing in this material is (or should be considered to be) financial, investment or other advice on which reliance should be placed. No opinion given in the material constitutes a recommendation by CMC Markets or the author that any particular investment, security, transaction or investment strategy is suitable for any specific person. The material has not been prepared in accordance with legal requirements designed to promote the independence of investment research. Although we are not specifically prevented from dealing before providing this material, we do not seek to take advantage of the material prior to its dissemination.
