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"JOBS, JOBS, JOBS! Jobs surged in April, the unemployment rate has fallen to its lowest level since 1969." With an unemployment rate down 0.2 of a percentage

At 3.6%, the u.s. unemployment at the lowest in fifty years

"JOBS, JOBS, JOBS! Jobs surged in April, the unemployment rate has fallen to its lowest level since 1969." With an unemployment rate down 0.2 of a percentage

At 3.6%, the u.s. unemployment at the lowest in fifty years

"JOBS, JOBS, JOBS! Jobs surged in April, the unemployment rate has fallen to its lowest level since 1969." With an unemployment rate down 0.2 of a percentage point, to 3.6%, Donald Trump was not going to hide his pleasure in sending his tweets early morning on Friday. Not only the unemployment rate is at its lowest for nearly fifty years, but job creation in the month of April, 263.000, have exceeded the expectations of analysts (200.000) according to the statistics of the department of Labour.

These good figures complement the growth in the first quarter, a 3.2% annual rate, released last week.

These good figures complement the growth in the first quarter, a 3.2% annual rate, released last week. He had created a good surprise. The us economy seems strong enough, in the eyes of Jay Powell, the president of the central bank, judging it useless to lower interest rates. It is, however, what he is urging Donald Trump to boost the economy. A political pressure on the Fed, in principle, independent of the White House, renewed Friday by the vice-chairman Mike Pence. The latter suggested, on the channel CNBC, that "it may be the time for us to consider lowering the rate". The vice-president considers that the low level of inflation argues in this sense. This is to curb higher inflation as central banks raise their interest rates.

Careful, Jay Powell said Wednesday after the monetary policy meeting that"there is no compelling reason to go in one direction or in another." The Fed had left rates unchanged, as expected. The standoff between the central bank and the White House promises to continue.

Publish Date : 04 Mayıs 2019 Cumartesi 00:00

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