The dollar rose significantly against the euro, which was associated with the upbeat employment data in the U.S.. Note that the report from the U.S. Labor Department showed that the number of people employed in non- s / x sectors in the U.S. increased by 204,000 jobs last month. This was significantly higher than the forecast of economists who had expected an increase of 126,000 . The values for the previous two months were revised up by a total of 60,000 . Gain in September was revised from 163 000 148 000 initial assessment , and improvement in employment in August was revised up to 238,000 from 193,000 . The average rate of job creation over the past three months now exceeds 200,000 , corresponding to strong growth , marked the beginning of the year. The unemployment rate , meanwhile rose slightly , reaching 7.3% from 7.2 % in September , confirming the predictions of economists.
Meanwhile, we add that little pressure on the dollar was data on consumer confidence . Research Thomson-Reuters and the University of Michigan showed that U.S. consumers unexpectedly became less optimistic about the economy at the beginning of November. The reduction occurred despite the end of the period of cessation of the government and strong data on employment change in October, which could improve the mood of consumers.
The report showed that the consumer sentiment index fell to 72.0 , reaching the lowest level since December 2011 . Termination of the period of the U.S. government and the opposition on the budget and increase the debt limit in October led to the fact that the final data for October came out significantly worse than the end of September - 73.2 vs. 77.5 . Economists had expected the preliminary data on the index will be better - at the level of 74.4 points. We also add that the current conditions index fell from 89.9 in October to 87.2 , while the expectations index was little changed - 62.3 vs. 62.5 .
The Canadian dollar was down against the U.S. dollar , in response , so the weak report on Canada. At Statistics Canada reported that the Canadian economy added fewer jobs in October than expected, and the unemployment rate remained near five-year low . This happened against the background of increasing employment in the public sector and hospitality industry , which could compensate for weakness in the private sector , said on Friday . The report showed that the economy created 13,200 new jobs in October , after adding 11,900 jobs in September . Market expectations were at a gain of 15,300 in October. The unemployment rate in October was 6.9 %, in line with the level of the previous month and below the consensus forecast of 7%.
With the October data growth in the number of jobs in Canada averaged 23,300 per month for a period of six months , and even exceeded the average for the comparable period last year , which amounted to 14,700 per month. Compared to the same period last year employment in Canada increased by 1.2 % or 213,800 .
The level of participation , or the proportion of the population that is listed in the workforce has changed in October and was 66.4 %, compared with the lowest level for ten years at around 61.8 %.
Employers added 16,000 full-time employees in October , while the ranks of part-time employment fell by 2,700 . The number of so -called self-employed Canadians also fell , to 12,000 .
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