US October employment report strengthens the case for a December fed funds rate hike
US October employment report strengthens the case for a December fed funds rate hike
Global & Regional Focus Notes
09 Νοεμβρίου 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. The increase in nonfarm payrolls in October was mainly driven by the private sector, which rose by 268k.
