samedi 4 avril 2015

US jobs report showing the fewest jobs since the end of 2013


American companies have supported the US economy at the lowest number of jobs during the month of March / March last year since the end of 2013, and in light of the harsh winter that hit the United States as well as investments decline in oil and energy sectors.

The number of new jobs that are provided in the US economy during March / March came a $ 126 thousand jobs less than expected, which was referring to the 245 thousand jobs from, while the previous reading was modified to become a $ 164 thousand jobs of 295 thousand jobs.

The unemployment rate has stabilized at the level of 5.5% in the same previous reading and expectations of value, while the average wage has risen in time during the month of March / March by 0.3% from 0.1%. The annual reading also rose 2.1% from 2.0%.

Stinging cold wave that hit the United States during this winter caused relieve American companies from hiring given the decline in demand for spending by the household sector.

On the other hand, we find that oil and energy companies are suffering from the decline in crude oil prices, so he resorted to reduce costs and minimize new investments in crude oil exploration, as well as the closure of a number of platforms and refineries, crude oil refining, to negatively affect the number of new jobs that have been registered in the US economy over the past month.

New jobs numbers today are the least since December / December of 2013, come to end the series numbers of jobs above the level of 200 thousand, which lasted for the longest period since 1995.

As for the impact on the markets came somewhat limited due to the closure of financial markets in both the United States and Europe because of the holidays, which is causing weak liquidity and trading volumes in the financial markets, where the delayed impact of this data until next week.

The general trend in the markets began to get pessimistic about the future of interest rates in the United States of America, the bank, the Federal Reserve may link the decision to raise interest rates improved economic data from the United States and private employment sector data, but today's data to come to show weakness in the number of jobs which shows the affected companies American high dollar levels and lower crude oil prices, which hurt many sectors of the economy, and thus causing weakness in the number of jobs provided by the US economy.

The belief that markets will prevail now is that the Fed will resort to postpone the decision to raise interest rates for a longer period, so the stability of the growth that has seen a slowdown in the fourth quarter of last year rates occur, in addition to the negative outlook for growth in the first quarter of 2015.

Along with this the rest conflicting expectations for inflation in the United States due to the continuation far from the goal of the Fed at 2%, in addition to the instability of crude oil prices yet to go on the ups and downs.




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