Weekly Fundamentals - Improvement in US Job Market Mixed

4 May 2014 4 May 2014

Fillur Fillur

Crude oil prices gained on Friday as headline employment readings beat expectations. However, this failed to pared the losses made earlier in the week. The US employment report for April drew a mixed picture of the labor market. The number of non-farm payrolls increased +288K, while the March reading was revised upward to +203K.