The US jobs growth slowed considerably more than expected in March and the disappointment pushed the dollar and equities initially lower. The US created 98k jobs in March, well below market expectations for around 175k jobs. Adding insult to injury, revisions to the January and February data took off another 38k job.
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Tag Archive: Canada
US Jobs Data Maintains Fed Hike Expectations
US jobs data was largely in line or better than expected. The stronger earnings growth may be more important than the headline. Canada's data was mostly disappointing.
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