Vi bruker en rekke cookies for å forsikre oss om at du får den beste brukeropplevelsen. Ved kontinuerlig bruk av denne nettsiden, godtar du bruken vår av cookies. Du kan lese mer om policyen vår for cookies her, eller ved å følge linken nederst på alle sidene på nettstedet vårt.
June’s figures came in at 223,000, while the market was anticipating a reading of 233,000. To make matters worse, the May report was revised lower to 254,000 from 280,000. The unemployment rate dropped to 5.3% from 5.5% in May, but this is down to the decline in the participation rate from 62.9% to 62.6%. The message to take away from the report is that the US jobs market was a touch softer in June, but an interest rate hike by the Federal Reserve is still a reasonable possibility this year.
Gold initially sold off, but it has regained its lost ground for now as traders realised the unemployment number wasn’t as strong as initially suspected.