
Better than expected results released by the Bureau of Labor Statistics.
The new data published by the Bureau of Labor Statistics is good news for the market. For May, the payrolls declined by 2.509 million. It is much better than the expected 7.750 million. Now, the market seems to recover after the record number it reached in April – 20.537 million.
The same report shows an unemployment rate of 13.3%. The unemployment rate for May was expected to reach almost 20% after nearly 21 million people lost their jobs in April and many more in the past month. According to analysts, the rate could have been close to levels last seen during the Great Depression.
The consensus shows that starting this month, the labor market will begin to improve as businesses reopen and people start resuming their activities.
Markets rejoiced, and USA30 added 2.3%, while USA500 gained 1.5%. TECH100 went up 0.3%
Sources: forexfactory.com, cnbc.com.
Los usuarios / lectores no deben confiar únicamente en la información presentada aquí y deben hacer su propia investigación / análisis leyendo también la investigación subyacente real. El contenido adjunto es genérico y no tiene en cuenta las circunstancias personales, la experiencia de inversión o la situación financiera actual.
Por lo tanto, Key Way Investments Ltd no aceptará ninguna responsabilidad por las pérdidas de los comerciantes debido al uso y el contenido de la información presentada en este documento. El rendimiento pasado no es un indicador confiable de resultados futuros.