- Prior 175k revised to 127k
A miss on the headline and a fairly big downward revision on last month.
The market has gotten a little jumpy as they start rejigging NFP estimations. USD/JPY fell to 102.34 from 102.46 and GBP/USD has taken the ACB’s to the cleaners breaking up to the next level of resistance at 1.6732. EUR/USD breaks through the sticky 1.3745 but falls just shy of 1.3750.
Here’s the break down in the numbers;
- Small bus adds 59k vs 75k prior
- Medium +35k vs +55k prior
- Large +44k vs +34k prior
- Manufacturing +1k vs +12k in Jan
- Construction +14k vs +25k prior
- Financials +2k vs zero last month
ADP jobs report 05 03 2014
