America's labour market still has a heartbeat, and that's supporting both U.S. and Canadian rates this morning.
Here are the vital signs from America's marquee economic release:
- April job growth: +177K (est. 138K | prior 185K)
- Unemployment: 4.2% (est. 4.2% | prior 4.2%)
- Average hourly earnings: +0.2% m/m (est. +0.3%) and 3.8% y/y (est. 3.9%)
Breaking it down
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