Friday, April 4, 2008

Non Farm Payroll verdict.

Non Farm Payroll fall 80k.

The US economy has now been shedding jobs for three consecutive months, and the unemployment rate has risen to its highest level in two and a half years, the Labor Department said today.

The economy lost 80,000 non-farm payroll jobs in March, compared to the 50,000 job loss economists polled by Thomson's IFR Markets had expected.Today's report marks the first time since June 2003 that the economy lost jobs in three consecutive months, and the 80,000 decline was the biggest loss since March of that year.

Picture above are show the trend chart where the news Non Farm Payroll release.Chart spike going up an down.Forex market going unstable 10 minutes before the news actual data realese.

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