Investment Note 2nd December 2016

US unemployment rate falls to lowest in 9 years


Data showing the number of new jobs added in the US economy over November came in at 178,000 jobs created with unemployment in the world’s largest economy falling to 4.6%, a level not seen since 2007. The headline figure of 178,000 came in just shy of economists’ predictions of 180,000 and well ahead of Octobers figure of 142,000. This positive number will only serve to re affirm market speculation that the FED will raise interest rates in the US on the 16th of this month which is already running at a 100% probability. 

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