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Global Economic & Market Outlook – Focus Notes (9 November 2015)
US nonfarm payrolls increased by 271k in October -the largest rise since December 2014- surpassing consensus expectations for a rise of 185k. Adding to the positive tone of the report, the respective figures of August and September were revised higher by 12k cumulatively, with the three-month moving average increasing to 187k from 171k previously (Figure 1). The increase in nonfarm payrolls in October was mainly driven by the private sector, which rose by 268k….
Viewers can read the full report herebelow:
GLOBAL FOCUS NOTE_NOVEMBER 9_US PAYROLLS
