Jobs Data Will Dampen Talk of US Recession, but does Dollar No Favors

he January nonfarm payrolls 157k increase was in line with expectations, but the back month revisions were worth another 127k and average hourly earnings rose 0.2% a bit more than expected. The risk in the unemployment rate to 7.9% from 7.8% reflects two things–the participation rate and the…

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Jobs Data Will Dampen Talk of US Recession, but does Dollar No Favors

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