Forecasts & opinions
Today's U.S. labour market data makes it clear that the interest rate hike by the Fed this year is unlikely. According to the U.S. Labor Department, the U.S. economy added 142,000 jobs in September, missing expectations for a rise of 203,000 jobs, after a gain of 136,000 jobs in August. August's figure was revised down from a rise of 173,000 jobs. The U.S. unemployment rate remained unchanged at 5.1% in September, in line with expectations. Average hourly earnings were flat in September, missing forecasts of a 0.2% gain, after a 0.4% increase in August.
|remaining time till the new event being published|
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- UK unemployment rate unexpectedly dropped to 3.9%
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