US: An underwhelming jobs report with government shrinkage featuring in Feb payrolls – UOB Group
10.03.2025, 09:20

US: An underwhelming jobs report with government shrinkage featuring in Feb payrolls – UOB Group

The latest US Employment Situation report by the Bureau of Labor Statistics (BLS) last Fri (7 Mar) was weaker than expected as jobs creation came in below projections with a surprise uptick in the unemployment rate while wage growth was within estimates, UOB Group's Senior Economist Alvin Liew notes. 

US reports a slightly weaker-than-expected jobs creation

"The US reported a slightly weaker-than-expected jobs creation at 151,000 in Feb (versus Bloomberg est 160,000) while unemployment rate also surprised with an uptick to 4.1% (from 4.0% in January). Job creation was still broad-based, but surprisingly, professional services and leisure recorded back-to-back losses, while government hiring slowed visibly as BLS reported that federal employment fell by -10,000 in February."

"After starting the year at a re-accelerating pace, wage growth continued to rise but within expectations at 0.3% m/m, 4.0% y/y in February (from 0.4% m/m, 3.9% y/y in January). "

"No change to our call as we maintain our FOMC view of only one 25-bps cut in 2Q 2025 (likely June FOMC) and then stay on hold for rest of the year at 4.25% (upper bound of Fed Funds Target Rate). Key data to watch will be Feb CPI inflation (12 March) and University of Michigan consumer confidence sentiment for Mar (14 March)."

© 2000-2025. Sva prava zaštićena.

Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

Politika sprečavanja pranja novca

Upozorenje o rizicima

Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.

Politika poverenja

Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.

Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.

Feedback
Lajv čet E-mail
Povratak na vrh
Izaberi lokaciju / jezik
Obaveštenja o promocijama i bonusima