Sharp rise in US jobs lifts shares, dollar

By REUTERS
November 2, 2012 16:35

 
X

Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user uxperience almost completely free of ads
  • Access to our Premium Section and our monthly magazine to learn Hebrew, Ivrit
  • Content from the award-winning Jerusalem Repor
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later Don't show it again

LONDON - The dollar strengthened and Wall Street stock futures rose after a better-than-expected rise in US employment provided reassurance on the health of the world's biggest economy ahead of next week's presidential election.

The non-farm payrolls data showed employers added 171,000 jobs in October versus forecasts of 125,000, while the jobless rate was in line with expectations at 7.9 percent.

The dollar, having already hit a seven-week high in the run up to the data, rose to 80.58 yen and also climbed against the euro, with the euro buying $1.2857.

US stock futures jumped, having pointed to a broadly flat open on Wall Street before the release.

Related Content

Breaking news
July 19, 2018
IAF strikes Hamas terror cell in Gaza, reports of 1 dead, 3 injured

By JERUSALEM POST STAFF