USD king as job growth, wages accelerate: US employment growth accelerated to a near three-year high in November with non-farm payrolls increasing by 321k

USD king as job growth, wages accelerate: US employment growth accelerated to a near three-year high in November with non-farm payrolls increasing by 321k. The figure, well above the upwardly-revised 243k pace of October and expectations for a decline to 230k, was the largest monthly increase seen since January 2012. Despite the lift in hiring and unchanged labour force participation (62.8%) the unemployment rate held steady at 5.8%, a result that was in line with expectations. Adding to the bullish headline figure average hourly earnings rose by 0.4%, well above the 0.2% increase expected, with the gain the largest recorded since June last year. (VIEW LINK)