October US Employment Figures Released

US Unemployment Reaches 6.5 Percent

US unemployment rose to 6.5 percent for the month of October up from 6.1 percent the previous month, matching a level not seen since 1994.

Non-Farm Payroll

The Non-Farm Payroll (NFP) figures were revised downwards by 179,000 shortly after being released this morning. The corrected NFP shows that 240,000 Non-Farm positions were lost in the month of October.

Content is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please access the RSS feed or contact us at info@marketpulse.com. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2023 OANDA Business Information & Services Inc.