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US: Nonfarm payrolls up 214K in October

US NFP grew by 214K in October, following the September increase revised up to 256K, according to data released today by the US Department of Labor. This result is below market consensus of 231K.

The Unemployment Rate dropped to 5.8% from 5.9%, against forecasts of remaining unchanged.

United States Labor Force Participation Rate remains unchanged at 62.7% in October

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United States Average Hourly Earnings (YoY) remains unchanged at 2% in October

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