U.S. jobs report released on Friday showed that American employers added jobs a
more than forecast jobs in July, while the unemployment rate retreated, where
the figures reflected signs of recovery from the impact of the Covid-19 on the
labor market.   

predicted a job creation of 1.53 million, compared to the actual reading of 1.76
million added jobs, while the previous reading of 4.8 million jobs added was revised
to 4.79 million job-gain.

unemployment rate retreated from 11.1 percent to 10.2 percent, compared to
analysts’ projections of 10.5 percent.   

average hourly earnings soared 0.2 percent last month after a 1.3 percent decrease
in June, compared to estimates of 0.5 percent drop. The annual earnings growth reached
4.8 percent from a previous of 4.9 percent.

released on Thursday showed that initial jobless claims came in at 1.19
million, which is the lowest figure since March

The dollar index,
which tracks the movements of the green currency versus a basket of major
currencies, continued to trade higher at 93.07, as of 12:42 GMT. 


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