Read more
12:31 PM · 6 September 2024

BREAKING: 🗽US NFP report slightly lower than expected; unemployment rate drops to 4.2%. US100 gains 📈

-
-
Open account Download free app

US Non-Farm Payrolls for August: 142k vs expected 165k vs. 114k previously

  • Private change: 118k vs 140k exp. vs. 97k previously
  • Manufacturing change: -24k vs. -2k exp. vs. 1k previously
  • Wage growth monthly: 0.7% vs. 0.3% exp. vs. 0.2% previously
  • Unemployment rate: 4.2% vs 4.2% exp. vs. 4.3% previously

Wage growth came in much higher on a monthly basis, and the unemployment rate dropped slightly from 4.3% in July to 4.2% in August. However, change in non-farm payrolls came in slightly lower than expected, with -24k drop in the manufacturing sector. Overall, the report is quite mixed, but 142k jobs added in August is still quite strong result; US dollar and Wall Street indices gained in the first reaction to the report. Markets still see 50% chances for 50 bps Fed rate cut in September.

Source: xStation5

Source: US BLS, XTB Research, Bloomberg Finance L.P.

Source: BLS, ADP Research, Bloomberg Finance L.P, XTB Research

Source: XTB Research, US Bureau of Labor Statistics, Bloomberg Finance L.P.

10 March 2026, 3:14 PM

📈US100 bounces back above the 100-day EMA

10 March 2026, 12:59 PM

Market Wrap: Energy Stocks Retreat as Hopes for End to Iran War Grow 🌍 (10.03.2026)

10 March 2026, 10:46 AM

Chart of the day: JP225 jumps on unexpected upward GDP revision 🇯🇵 📈 Japan is back in the game❓

10 March 2026, 6:59 AM

Morning wrap (10.03.2026)

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