The U.S. added a surprisingly strong 528,000 new jobs in July and the unemployment rate fell to pre-pandemic levels in a muscle-flexing display for the economy, but the robust report could add to inflation worries and push interest rates even higher.
The numbers The U.S. added a sizzling 528,000 new jobs in July and the unemployment rate fell to pre-pandemic levels in a muscle-flexing display for the economy, but the robust report could add to inflation worries and push interest rates even higher.
The unemployment rate, meanwhile, slipped to 3.5% from 3.6%, the government said Friday, matching the lowest level since the late 1960s. The shockingly strong jobs report could persuade the Fed that even tougher medicine is needed, analysts say. The central bank worries the tight labor market is driving wages sharply higher and making it harder to get inflation under control.
Hourly pay jumped 0.5% in July to $32.27. The increase in pay over the past year was flat at 5.2%, but it’s still one of the fastest increase since the early 1980s. Yet the economy still rests on a solid foundation and that could keep a recession at bay. The U.S. labor market is the biggest strong point.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Red states recovering faster from pandemic economy than blue statesSince the pandemic began, red states have added 341,000 jobs to their pre-COVID numbers according to numbers from the Department of Labor while blue states are still 1.3 million jobs short.
続きを読む »
Alabamians are going back out. Bar and restaurant traffic passes pre-pandemic highsData shows Alabamians went out to bars and restaurants more often in the early parts of 2022 than they did even before the start of the pandemic.
続きを読む »
Hiring slowdown? U.S. seen adding just 258,000 jobs in JulyScattered reports of layoffs, declining job openings and a softening economy all point to a slowdown in hiring. And that's why the number of new jobs created...
続きを読む »
Job Growth Was Likely Strong in July But Could Slow in Coming Months With More LayoffsEmployers were expected to have added a robust 258,000 jobs in July, but the pace of payroll creation is likely to slow in coming months.
続きを読む »
These Charts Show Why We May Not Be in a RecessionIf the U.S. economy is in recession, someone forgot to tell the jobs market.
続きを読む »
S&P 500 Futures flirt with two-month top, yields stabilize as economic fears precede US NFPS&P 500 Futures flirt with two-month top, yields stabilize as economic fears precede US NFP – by anilpanchal7 SP500 Futures YieldCurve Recession NFP
続きを読む »