Jan 07 2017

U.S. Job Growth Slows, But Wages Rebound Strongly

Rate Range Projection by Bank

Next week 114.00 – 117.50

Next 3 months 109.00 - 118.00

Labor Department said on Friday that Nonfarm payrolls rose by 156,000 jobs last month.

Janet Yellen, Fed Chair, has said that in order to keep up with the growth in work-age population, economy needs to create just under 100,000 jobs a month. 19000 more workers were hired by employers than previously reported in October and November.