Daily Management Review

Analysts expect US unemployment to fall in February


The US unemployment rate fell to 3.9% in February from 4% in January, while the number of non-farm jobs in the US economy rose by 400,000 after increasing by 467,000, according to analysts polled by DailyFX.

The US Department of Labor will release these statistics on Friday, March 4.

Meanwhile, retail sales in the eurozone rose 0.2% in January compared to December. This is stated in a press release from the European statistical agency Eurostat.

Later, the U.S. oil and gas services company Baker Hughes Company will publish weekly statistics on the number of active oil drilling rigs in the U.S. During the previous working week their number increased by two, to 522 units.

source: dailyfx.com