US non-farm job creation surprises positively and unemployment rate falls two tenths to 3.7%
Bankinter| Non-farm job creation surprised positively in November and the unemployment rate fell by two tenths, to 3.7%. Non-Farm Employment: +199K versus +185K estimated versus +150K previous. Private Sector Employment: +150K versus +159K estimated and +85K previous (revised from +99K). Manufacturing Employment: +28K versus +30K expected vs -35K previous. Unemployment Rate: 3.7% versus 3.9% expected and previous. Labour Participation: 62.8% versus 62.7% expected and previous. Average Earnings/Hour (year-on-year): +4.0%, same…