Read more
12:37 PM · 5 June 2020

BREAKING: NFP report shows unexpected addition of 2.5 million jobs!

-
-
Open account Download free app

The NFP report for May has just been released. Data  was expected to show another month of massive multi-million lay-offs. However, report turned out to be a massive surprise to everyone. Details of the report:

  • Change in non-farm payrolls: +2509k (exp. -8000k)

  • Unemployment rate: 13.3% (exp. 19.7%)

  • Wage growth: 6.7% YoY (8.6% YoY)

It should be said that real market expectations were probably lower after an ADP report suggested a drop in employment of "just" 2760k in May. However, the reading is impressive. Stock indices surged on the release with US500 reaching 3,150 pts. US dollar also caught a bid with EURUSD pulling back from 1.1330 to below 1.1300.

NFP report showed an unexpected 2.5 million increase in jobs in May in spite of ADP data suggesting a drop. Source: Bloomberg

20 February 2026, 9:07 AM

BREAKING: European flash PMIs stronger than expected 📈EURUSD ticks higher

20 February 2026, 8:40 AM

Economic calendar: European PMIs and PCE, GDP, PMI data from the US 🗽

20 February 2026, 6:49 AM

Morning wrap (20.02.2026)

19 February 2026, 6:58 AM

Economic calendar: US trade balance and jobless claims 🔎

Join over 2 000 000 XTB Group Clients from around the world
The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits