Monetary Policy & Inflation | US
NFP Review: Labour Supply Surges
- By Dominique Dwor-Frecaut
- Sign-up to discuss on Slack
- 5 min read
Summary
-
- US nonfarm payrolls (NFP) were roughly in line with expectations.
-
- Unemployment rose 30bp due to an increase in participation, especially with younger workers.
-
- Nominal wage growth slowed MoM but was roughly unchanged YoY.
Summary
-
- US nonfarm payrolls (NFP) were roughly in line with expectations.
-
- Unemployment rose 30bp due to an increase in participation, especially with younger workers.
-
- Nominal wage growth slowed MoM but was roughly unchanged YoY.
Subscribe to Macro Hive Professional to read this article
and enjoy exclusive professional features such as in-depth analysis, insightful op-eds, and more.
Already have Macro Hive Professional account? Log in