Report
John Ryding

U.S. Nonfarm Payrolls rose 211K, unemployment rate fell to 4.4%

​Nonfarm payrolls rose 211K in April (above forecasts) with private payrolls up 194K. The unemployment rate fell to 4.4% from 4.5%. Average hourly earnings rose 0.3% in April but year-over-year wage growth slowed to 2.5% from 2.6%. The April employment report answers some of the questions raised by the soft payrolls print for March.

Provider
RDQ Economics
RDQ Economics

RDQ Economics provides global macroeconomic consulting services with an emphasis on U.S. economic fundamentals and monetary policy.

Our views are driven by consistent application of classical economic and monetary principles and has generated superior anticipation of changes in the stance of monetary policy and of movements in economic growth and inflation.

The founders of RDQ Economics, John Ryding and Conrad DeQuadros, have a combined experience of 26 years on Wall Street, 12 years of experience in central banking at the Federal Reserve and the Bank of England and nine years in the independent research space. John and Conrad have worked closely with fixed income, foreign exchange, and equity traders and portfolio managers, which has enabled their analysis and advice to be tailored to a clientele that is focused on trading and investment decisions.

Analysts
John Ryding

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