Reports on the US labor market has not inspired investors

Whole week
market participants were expecting
release of data on the labor market
in the US, because they could be a signal for the future behavior
Fed. As a result, the reports published today,
but almost all of them turned out to be worse
analysts' forecasts. according to
the latest data, the unemployment rate
It decreased to 5.4% in the US (in March was
5.5%). The net increase in employment
amounted to 223 th. (instead of the expected 224
thous. new jobs), but were also revised
data of March - they were much
ads below first.

In March
the economy has got only 85 thousand. new
jobs, which was the lowest
level since June 2012, according to
the Department of Labor. reduced rate
from the previous 126 thousand., which is in the past
month spooked the market. Unemployment rate
It fell to its lowest level since May
2008, because many Americans
already found work. However, the average hourly
wages increased less than
forecast - by 0.1%, while
We were expected to increase by 0.2%.

sphere
construction and health were
only industries
which has accelerated the pace of hiring in the past
month. Such an increase in the number of jobs
and steadily rising wages have
cheer up the mood of the Federal
Reserve towards improving
interest rates this year.

Average
Bloomberg forecast of economists was at
228 thousand. New jobs, others called
numbers from 175 thousand. up to 327 thousand. The Fed chief
Janet Yellen and her colleagues will
focus on the data that
will help them to analyze the effect
economy, and decide when to start as early as
increases in interest rates. another
meeting is scheduled for June 16-17.

after the release of
reports the EUR / USD sharply
fell - to the level of 1.1182, but after half an hour
It recovered to the level of 1.1270. Now
the pair is trading at 1.1271.