US labour market picks up pace as NZ starts to flag
The quarterly labour market surveys are due on Thursday.
Nevil Gibson Wed, 06 Feb 2019
The rollicking US economy added a seasonally-adjusted 304,000 jobs in January – far more than economists expected.
The US Labour Department’s non-farm payroll report also said the unemployment rate rose to 4.0% (from 3.9%; it reached a 49-year low of 3.7% late last year). Meanwhile, average
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