US non farm payroll figure shocks at 292,000

US non farm payroll figure shocks at 292,000

The latest US jobs data has just been released, with the non farm payroll figure coming in at 292,000.

This is a huge advance on November’s figure of 211,000 and well above Bloomberg analysts’ expectations, which stood at 200,000. Unemployment rates were unchanged 5 percent.

This is the first non farm payroll figure since the US Federal Reserve raised interest rates at their meeting in December, and such a positive figure may well encourage another rate rise within the next few months.

08/01/2016