Details from the February 2017 US non-farm payrolls and labour market report 10 March 2017
– Unemployment rate 4.7% vs 4.7% exp. Prior 4.8%
– Average hourly earnings 0.2% vs 0.3% exp m/m. Prior 0.1%. Revised to 0.2%
No disaster then. If this was a report coming among Fed hike scrutiny, the buck would rock higher. Wages are better and unemployment is lower, though note the participation rate.