Non-farm data is a surprise! The number of employed people in the United States increased by only 142,000 in August, which was not expected. Is the market going to panic?
On September 6, the number of non-farm employment in the United States in August increased by only 142,000, far below the expected 160,000! What is even more surprising is that the previous value was significantly revised down from 114,000 to 89,000. This wave of operations made the market feel nervous.
However, the unemployment rate has eased a bit, from 4.3% to 4.2%, a new low since June, ending a four-month rise. It sounds like good news, but can the weak employment growth really make the market optimistic? The next operation of the Federal Reserve is worth paying attention to!
Looking at the previous revised data, the non-farm employment population in June and July were both lowered, with a total of 86,000 fewer people, which obviously put a question mark on the economic recovery.
The curtain has opened, how will the future unfold? Boshi will take you to pay attention to the next market pulse!
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