• 204
  • 47
  • 收藏

August nonfarm payrolls increase 235,000 vs. 720,000 estimate

Tiger Newspress2021-09-03

Job creation for August was a huge disappointment, with the economy adding just 235,000 positions, the Labor Department reported Friday.

Economists surveyed by Dow Jones had been looking for 720,000 new hires.

The unemployment rate dropped to 5.2% from 5.4%, in line with estimates.

August’s total was the worst since January and comes with heightened fears of the pandemic and the impact that rising Covid cases could have on what has been so far a mostly robust recovery.

Weekly jobless filings have fallen to their lowest levels since the early days of the pandemic in March 2020, but a large employment gap remains.

It’s not that there aren’t enough jobs out there: Placement firm Indeed estimates that there are about 10.5 million openings now, easily a record for the U.S. labor market.

Federal Reserve officials are watching the jobs numbers closely for clues as to whether they can start easing back some of the policy help they’ve been providing since the pandemic started.

In recent weeks, central bank leaders have expressed optimism about the employment picture but said they would need to see continued strength before changing course. At stake for now is the Fed’s massive monthly bond-buying program, which could start getting scaled back before the end of the year.

However, if the jobs data gets softer that could prompt Fed officials to wait until 2022 before tightening.

免责声明:本文观点仅代表作者个人观点,不构成本平台的投资建议,本平台不对文章信息准确性、完整性和及时性做出任何保证,亦不对因使用或信赖文章信息引发的任何损失承担责任。

举报

评论47

  • PickleT68
    ·2021-09-05
    Nice
    回复
    举报
    收起
  • jwee
    ·2021-09-05
    Ok
    回复
    举报
    收起
    • jwee
      Ok
      2021-09-05
      回复
      举报
  • YMCheah
    ·2021-09-04
    Ok
    回复
    举报
  • Sam1978
    ·2021-09-04
    Hi
    回复
    举报
  • LimLS
    ·2021-09-04
    Businesses are saying that their manpower cost is going up as they have to pay more to attract people to work. With these much openings but so little employment, guess the trend of paying more for employees will continue to go up, putting stress on the businesses payroll expenses
    回复
    举报
    收起
    • PS153
      OIC. thanks for sharing
      2021-09-05
      回复
      举报
    • KDaDa
      Same same for SIN when progressive salary is introduced for low wage workers. Good for them but bad for business owners. Consumers may pay the price for this move!
      2021-09-04
      回复
      举报
  • replaygoh
    ·2021-09-04
    okok
    回复
    举报
  • Lucky_Leg
    ·2021-09-04
    Let's monitor closely 
    回复
    举报
  • Cheeseong
    ·2021-09-03
    Nice
    回复
    举报
  • W00dy
    ·2021-09-03
    Like pls, thanks
    回复
    举报
  • TENGz
    ·2021-09-03
    yggv. mh    my
    回复
    举报
  • TirussVL
    ·2021-09-03
    Huge disappontment...means interest rate will not be increased. Let the bull continue! 
    回复
    举报
    收起
    • BlueDaisy
      Seems like that. No impact to the market tonight
      2021-09-03
      回复
      举报
  • TENGz
    ·2021-09-03
    u mrth y    ks yj. onjnh t b   . hhkc nn  .hm 
    回复
    举报
  • TENGz
    ·2021-09-03
    h.m  
    回复
    举报
  • TENGz
    ·2021-09-03
      棒棒嗒。gik .i
    回复
    举报
  • TENGz
    ·2021-09-03
     m听广播。你。。。唱
    回复
    举报
  • arevjr
    ·2021-09-03
    Time to short btc.. [得意] 
    回复
    举报
  • jktrade
    ·2021-09-03
    Oops 😬
    回复
    举报
  • HappyTrade
    ·2021-09-03
    Okay
    回复
    举报
  • KYHBKO
    ·2021-09-03
    there are estimated 10.5 million jobs in the market and only 235,000 jobs were added. there maybe a mismatch of jobs needed and jobs that people would do. there are several factors like the pay package expectation, preference for hybrid of work in office & from home, types of jobs that people were looking for. 6 September would spell the end of stimulus support and this may drive more to take up the jobs. let us monitor closely. 
    回复
    举报
    收起
    • LimLS
      No more free check might push people to work. Will have to see how is it next month. If the situation don't improve, means businesses will have a hard time due to labour shortage.
      2021-09-04
      回复
      举报
  • 2a7af1ca
    ·2021-09-03
    Great article 
    回复
    举报
 
 
 
 

热议股票

 
 
 
 
 

7x24