It came in April a net 160,000 jobs in in the world’s largest economy, it appears Friday in a report on the labor market of the US government. There were still 208,000 a month earlier.
Earlier, in March still reported job growth of 215,000. The latest jobs figure is also well below the expectations of economists. They settled in diameter on an increase of 200,000 jobs.
Due to the disappointing job growth remained the expected fall in unemployment from. Just like in March, was last month, 5 percent of the US workforce unemployed.
Economists actual average rate on a decline to 4.9 percent. The increase in the average hourly wage by 0.3 percent met or expectations
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Federal Reserve
the monthly report on the labor market is a key adviser when the Federal Reserve, the US central bank dome, bases its monetary policy. The next policy meeting is in June.
According to ING economist James Smith is the outcome of the report is relatively neutral. It is, according to him too far to say that the disappointing jobs figure sets a definitive line through a rate hike in June. Still, he thinks that would be more logical a rate hike in September.
For a rate increase will include data on other core activities, such as retail sales play a role. Who stand for next week on the agenda. ING does not expect these figures the Fed will provide enough confidence for a rate cut in June


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