US April non-farm payrolls +139K vs +130K expected

• Prior was +177K (revised to +147K)
• Two-month net revision: versus -58K prior
• Unemployment rate: 4.2% versus 4.2% expected
• Prior unemployment rate: 4.2%
• Unrounded unemployment rate: 4.244% versus 4.1872% prior
• Participation rate: 62.4% versus 62.6% prior
• Average hourly earnings (m/m): +0.4% versus +0.3% expected and +0.2% prior
• Average hourly earnings (y/y): +3.9% versus +3.7% expected and +3.8% prior
• Average weekly hours: versus 34.3 expected and 34.3 prior
• Change in private payrolls: +140K versus +120K expected and +167K prior (revised to +146K)
• Change in manufacturing payrolls: versus -5K expected and -1K prior
• Government jobs: -1K versus +10K prior
• Full-time jobs: versus +305K prior
• Part-time jobs: versus +56K prior
• Household survey vs +436K prior

USD/JPY was trading at 144.26 just ahead of the data and the market was pricing in 80 bps in easing in the year ahead.

This article was written by Adam Button at www.forexlive.com.