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Non-farm employment rose a meager 12k in October, well below the consensus forecast calling for a gain of 100k. Job gains over the two prior months were revised lower by 112k. The Bureau of Labor Statistics noted that Hurricane’s Helene and Milton “likely” affected estimates in some industries, though did not provide any point estimates. […]

The post US: Payrolls Disappoint in October, But Unemployment Rate Holds Steady at 4.1%  appeared first on Action Forex.

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