US NFP grows 150k, unemployment rate rose to 3.9%

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<p>US non-farm payroll employment grew 150k in October, below expectation of 172k. That’s well below average monthly gain of 258k over the prior 12 months. Unemployment rate rose from 3.8% to 3.9%, above expectation of being unchanged at 3.8%. Participation rate dropped from 62.8% to 62.7%. Average hourly earnings rose 0.2% mom, below expectation of […]</p>
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