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04.02.201916:42 Forex Analyse & Reviews: US unemployment rose to 4% in January, which turned out worse than forecast

Long-term review

According to the US Department of Labor, unemployment in the country increased from 3.9% in December to 4% in January. At the same time, the number of new jobs in non-agricultural sectors of the economy increased by 304 thousand, which exceeded analysts' forecasts by almost 2 times.

Experts expected the first indicator to remain at the level of 3.9% and the growth of the second by 165 thousand people.

The agency also reported that the level of hourly wages in the United States in January rose by 3.2% to $27.56 in annual terms but in monthly terms, the figure fell by 0.1% compared with December data.

Exchange Rates 04.02.2019 analysis

Tatiana Strelkova,
Analytical expert of InstaSpot
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