October Non-Farm Payrolls: Where's the wages growth
David Scutt
Stonex
October Non-Farm Payrolls: Where's the wages growth? US non-farm payrolls growth undershot lofty expectations in October with an increase of 214k reported. The reading was below the upwardly-revised 256k pace of September and expectations for a gain of 235k and was the second-lowest increase of the past 6 months. Despite the miss on payrolls growth and an uptick in participation to 62.8%, the national unemployment rate fell to 5.8% from 5.9%, a level last seen in July 2008. (VIEW LINK)
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David is a Director of Scutt Partners Pty Ltd and has successfully worked in the financial services markets over the past 12 years with both large and smaller banking groups. He has provided strategic financial analysis for currency and interest rate movements and has been an active trader on behalf of his employers.Over the past 5 years David has become a respected financial analyst and has built a strong following on social media with his insights into the domestic and international markets for currencies and interest rates.Web: www.scuttpartners.com.au LinkedIn: https://www.linkedin.com/pub/david-scutt/9/34a/841
David Scutt
Market Analyst
Stonex
David is a Director of Scutt Partners Pty Ltd and has successfully worked in the financial services markets over the past 12 years with both large and smaller banking groups. He has provided strategic financial analysis for currency and interest...
Expertise
No areas of expertise
David Scutt
Market Analyst
Stonex
David is a Director of Scutt Partners Pty Ltd and has successfully worked in the financial services markets over the past 12 years with both large and smaller banking groups. He has provided strategic financial analysis for currency and interest...
Expertise
No areas of expertise
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