Private sector employment change improved during July, rising to 163K after June's 64K, which was revised lower from 80K.
The Unemployment rate meanwhile edged up to 8.3% in July from 8.2% in June.
Interestingly enough, this is the best NFP figure in 5 months, and the worst unemployment data in 5 months.
It was not like there was a jump in participation rate.
"Both the civilian labor force participation rate, at 63.7 percent, and the employment- population ratio, at 58.4 percent, changed little in July..."
Source: Bureau of Labor Statistcs
Here is a look at some historic data of the NFP going back to July 2011:
The reaction in the currency market was mainly JPY-weakness across the board.
By 9:05AM EDT,
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