Stream the recording of our live non-farm payrolls webinar that took place on Friday 4 August 2023.
Every month, our chief market analyst, Michael Hewson, provides expert commentary and analysis as the latest US jobs figures are released.
Here are this month's key takeaways:
- The US economy added 187,000 new non-farm payrolls in July, according to data released by the Bureau of Labor Statistics, as jobs growth slowed more than expected.
- Economists had expected 200,000 jobs to be added in July.
- The June figure was downwardly revised to 185,000 jobs, while the May figure was reduced to 281,000 jobs.
- The unemployment rate dipped slightly to 3.5%.
In the recording, Michael Hewson's live reaction to the data covers key levels on indices such as the S&P 500, the Dow Jones Industrial Average, and the Nasdaq, as well as forex pairs including EUR/USD, GBP/USD, and USD/JPY.
If you'd like to join our next non-farm payrolls webinar, you can register in advance (and for free) here.