-
May jobs data expected to be strong, and could add to Fed debate on tapering bond buying
Job growth in May is expected to be more than double the pace of April, with hiring picking up in pandemic hit sectors like retail and restaurants but also more broadly across the economy. Economists expect 671,000 jobs were added in May, up from 266,000 payrolls in April, about a quarter of what was expected, according to Dow Jones. The unemployment rate is expected to slip to 5.9% from 6.1% in April. Average hourly wages are expected to increase by 0.2%. The monthly employment report could be important in setting the stage for the Federal Reserve’s June meeting, where some strategists believe there’s a chance ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Jun 4, 2021 8:18am Jun 4, 2021 8:18am
- Simon-1988
- | Joined Jun 2018 | Status: Member | 15 Comments
- Comment #2
- Quote
- Jun 4, 2021 8:28am Jun 4, 2021 8:28am
- HengkiTjen
- Joined May 2018 | Status: Member | 38 Comments
- Comment #3
- Quote
- Jun 4, 2021 8:39am Jun 4, 2021 8:39am
- MisterSpread
- | Joined Aug 2012 | Status: Trader, baker, candlestick maker! | 99 Comments
- Comment #4
- Quote
- Jun 4, 2021 8:39am Jun 4, 2021 8:39am
- MisterSpread
- | Joined Aug 2012 | Status: Trader, baker, candlestick maker! | 99 Comments
- Comment #5
- Quote
- Jun 4, 2021 9:06am Jun 4, 2021 9:06am
- Donfeb
- | Joined Nov 2017 | Status: Member | 124 Comments
- Comment #6
- Quote
- Jun 4, 2021 9:16am Jun 4, 2021 9:16am
- Guest
- | IP XXX.XXX.144.201