The US economy added 206,000 jobs last month, which was more than consensus expectations of 190,000. However, the data showed that growth slowed across sectors except for governments.
In addition, the jobless rate edged higher to 4.1 per cent as the number of people looking for work increased faster than the pace of new jobs.
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Timothy Moore writes on monetary policy, equities, commodities and currencies. He is the overnight markets editor and writes Before the Bell. Connect with Timothy on Twitter. Email Timothy at timothy.moore@afr.com
