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NewsBreak: U.S. Economy Added 136k Jobs in Sept, vs 140k Expected

Published 10/04/2019, 07:50 PM
Updated 10/04/2019, 09:02 PM
© Reuters.
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Investing.com - The U.S. economy created a net 136,000 jobs in September, down from an upwardly-revised 168,000 in August. However, earnings growth slowed to a standstill as trade uncertainty and the fading effects of President Donald Trump's tax cuts took its toll. The unemployment rate unexpectedly fell to 3.5% from 3.7%.

Average weekly earnings growth slowed to 2.9% from 3.2% in August, while the length of the average working week stayed at 34.4 hours.

  • EUR/USD fell to $1.0968 vs $1.0976 directly before the data

  • S&P 500 Futures rises by around 0.5% from immediately beforehand to 2916.38

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