United States – Zero jobs added in August

Friday, 2 September 2011 05:10

United State's Bureau of Labor Statistics released its monthly Employment Change report.  Reports show that no jobs were created during the past month, in August.  This was unexpected as economists had predicted that 74,000 people would be employed during August, even though less than July's 85,000.

Jobless Rates remained the same at 9.1% as expected.

EURUSD was gaining strength in favour of the Euro as the pair reached 1.4270; then started falling down to 1.4199.