The growth of jobs in the United States slowed more than expected in January, due to California’s forest fires and cold weather in many parts of the country most likely.
However, the unemployment rate, which reached 4%, may give the Federal Reserve (the US Central Bank) a justification for postponing interest rates until June at least.
In its report on the employment that has a follow -up document today, the US Ministry of Labor statistics office said that non -agricultural jobs increased by 143 thousand jobs last month after an amendment occurred by increasing the data of the month of December last to reach 307 thousand jobs.
Economists had expected an increase of 170 thousand jobs, with estimates ranging between 60 thousand and 250 thousand jobs.
The dollar rises
The dollar rose today, Friday, after the data slowdown in the United States showed last month.
The dollar index – which measures the performance of the US currency against the yen, the British pound and other major currencies – rose in the latest transactions of 0.204% to 107.88 points.
The dollar fell about 2% of its highest level on Monday at 109.88, with investor fears receded about the risks of a global trade war.
The euro fell in the latest transactions of 0.2% to 1.0362.
The dollar rose 0.27% against the yen at 151.9 after declining below 151 yen for the first time since December 10 in early Asian transactions.
The American Stock Exchange is awaiting
The main indicators in Wall Street have opened trading unchanged today, Friday, at a time when investors expect the US Central Bank to give more caution regarding interest rates after the latest data on jobs appeared.
- The Dow Jones Industrial Index rose 14.9 points, or 0.03% when opening to 44762.57 points.
- The Standard and Poor’s 500 index decreased at 0.4 points, or 0.01% to 6083.13 points.
- The Nasdaq Synod index fell 17.1 points, or 0.09% to 19774.867 when opening.
