New US employment figures for March show that it has created so few jobs in the United States during a month since 2013. Last month added 126,000 new jobs outside agriculture. The unemployment rate remains at 5.5 percent.
“Too early to feel concern”
Sysslogradssiffrorna is lower than expected. This past year, the US has had an increase of over 200,000 jobs monthly.
But Robert Bergqvist think it is too early to be concerned, especially if unemployment remains at a low level.
It would require an additional negative number for us to be able to see a trend with a weakened US labor market. We know that this kind of statistics can Diffa in a month.
What Bergqvist think you may be concerned about is that there have been other statistics that showed a weaker US economy last quarter, including other figures from retail.
This weak month figure creates absolute question mark but it is too early to draw any conclusions about a weakening.
Height interest lingers
The low job figures can, however, to fuel those who warn that it is too early for the Fed to raise interest rates, which remained at 0 percent since 2008
There were those who advocated a rate hike already in June but it will wait now with these weaker sysslogradssiffrorna, track Robert Bergqvist.
SEB’s forecast is still that the central bank will raise in September this year.
I hope that a rate hike is coming soon. It would mean that we can put an end to the global financial crisis that we have been in since 2008. Symbolically it would be important.
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