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Koefoed: Why the latest NFP numbers are closer to the truth

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Head of Macro Strategy at Saxo Bank Mads Koefoed gives us his analysis of the latest Non Farm Payroll numbers. He agrees that the 248,000 figure for September is far better than expected and maintains that the August 1420,00 reading was an inaccurate measure of the US economy.  

September Non Farm Payroll: 248,000
August NFP: 142,000 now revised to 180,000
July & August revisions total 69k
Unemployment rate down 0.2% to 5.9% - lowest since July 2008