(Washington Composite Television) The US employment growth in the United States exceeded expectations in March, setting a record in the past year, and the unemployment rate has become low, reflecting the strong labor market and support for the national economy.The Federal Reserve may postpone the implementation of interest rate cuts.
The data released by the US Department of Labor on Friday (April 5) shows that non -agricultural work in March increased by 300,000, which was far more than 200,000 than the market expectations.EssenceThe unemployment rate in March also decreased by 0.1 percentage points from 3.9 % in February to 3.8 %, which was lower than 4 % for 26 consecutive months. It was the longest time since the late 1960s.
The US President Bynden issued a statement that the employment report marked a milestone in the revival of the United States.He said: "Three years ago, the economy I took over was on the verge of collapse. Today's report shows that 300,000 new jobs were added in March, and we crossed the milestone of 15 million jobs since I took office."
Many new positions are in health care and government departments, and the construction, leisure and hotel industries have also achieved significant growth.Although the overall unemployment rate has dropped slightly, the U.S. black unemployment rate has risen.
The Federal Reserve for the first time in the interest rate conference last December acknowledged that after discussing interest rate cuts, the market's expectations for interest rate cuts continued to heat up.However, now that economic data continues to improve, the market's interest rate cuts are expected to gradually cool down.
For the latest released data, the former director of the Labor Statistics Bureau, Grooshen, said: "This will definitely not send a signal with a high interest rate ... ... It may allow them (the Federal Reserve) to wait some time to act."
Investment Bank Morgan Chase's chief US Economist Felloley in New York said: "We call on the Fed's first interest rate to cut interest rates from June to July."
Nonos, a senior Economist at the North American Economist of the Credit Insurance Company, said: "We believe that the Federal Reserve is more likely to take action in July ... it seems that it is too early in June."
The New York International Strategy Consulting Company Essean -Boshilong Senior Economist Busul said: "Although we believe that the Federal Reserve may still cut interest rates three times this year, a report may make some decision makers adjust expectations and tend to think thatThe number of interest rate cuts in 2024 will be less "