The U.S. dollar weakened against its major counterparts in the European session on Friday, as the nation's employment shrank unexpectedly in December, signaling that surging COVID-19 infections and restrictions have paused recovery in the labor market.
Data from the Labor Department showed that non-farm payroll employment fell by 140,000 jobs in December after climbing by an upwardly revised 336,000 jobs in November.
Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe NowAlready subscribed? Sign in
For comments and feedback: editorial@rttnews.com