forexSQ.com - Nonfarm Payrolls Preview - Feb.4

[ForexSQ]

While we are seeing improvements in most sectors of the US economy, the labour market has reacted with extreme sluggishness to the pick-up in activity. The unemployment rate still hovers around 9.5 percent and the monthly gains in employment are still only just about enough to keep unemployment steady. We do look for an improvement in January compared to the disappointment of December, when only 103K new net payrolls were added. Today we aim higher and look for 150K increase in overall payrolls, resulting in a slight uptick in the unemployment rate of 0.5 percent, from 9.4 percent a month ago ..See full Forex News at :

http://www.forexsq.com/fundamental-a...feb-4-forexsq/