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The American economy created 143,000 jobs in January

Digest opened free editor

The US economy created 143,000 jobs in January, which led to a decrease in expectations, but a decrease in the unemployment rate and strong gains in profits confirm the strength of the labor market in America.

While the January number of January is suspended in a Reuters survey of 170,000, the Labor Statistics Office also reviewed the reinforced number of December, from 256,000 to 307,000.

Economists and traders highlighted a decrease in the unemployment rate to 4 percent in January, a decrease from 4.1 percent in the previous month, which said that strengthening the Federal Reserve issue to move forward with price cuts.

Friday job data came slightly more than a week after the Federal Reserve kept hanging rates from 4.25 to 4.5 percent, despite pressure from US President Donald Trump to low borrowing costs.

Diane Sonk, the chief economist in KPMG US, said that the decrease in unemployment – and the increase in participation in the labor market – provided “a greater reason to feel comfortable” in his decision to slow the pace of price cuts this year.

The average profits per hour increased by 4.1 percent over the past 12 months, which economists have taken on the continuous health of the American labor market.

The markets expect that the next interest rate will be reduced by July, with a 60 percent chance to another by the end of the year, only a few expectations have changed before the job report.

The Ministry of Treasury’s return has increased for two years, which tracks the interest rate expectations and moves back to the price, 0.06 ° C to 4.26 percent, while the return for 10 years added 0.04 percent to 4.48 percent.

Futures for shares have extended small declines, as they follow the S&P 500 contracts, a decrease of 0.2 percent.

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