The United States increases the position of 151,000 positions, with the expectations due to the federal labor contracting.
The United States increases the position of 151,000 positions in February as employers in various industries are still hired while the central government has reduced 10,000 workers.
New employment information Friday report The Bureau of Labor Statistics missed the expectations for 170,000 roles, but the work of last month is more than 125,000 posts in January. The unemployment rate increased to 4.1% from 4.0% in the previous month.
The report, which is drawn in the labor market, may not receive the scope of the policy of President Donald Trump to the fullest because it covers only the first two weeks of the month.
Still, the analysts listened to the alleviation at the temple widely.
“There is fear that today’s work report will reveal unstable news about the health of the labor market.” Seema Shah, the World Level Strategist, the main management of the main asset management in Friday. “
The role of a rapidly reduced government, which occurs when the Elon Musk government efforts to reduce the decline deeply on the federal labor. For the first time, the federal employment decreased since June 2022.
The Wall Street Company assesses that the loss of the sound that may occur from the DOGE may also include 500,000 people, although the barrel analysts argue that the wider economic impact may be limited to the calamical salary account, only 1.5% of the overall work and even the contractor will not change the market.
The number of people working on time for an economic reasons increased by 460,000 to 4.9 million, which is the highest level since the large epidemic. At the same time, the number of workers “discouraged” – those who want work But believe that no one is near to only reach 128,000 people
“Today’s printing is not as bad as afraid of” Goldman Sachs, Managing Director Lindsay Rosner, written in the recording of customers on Friday. The small increased unemployment rate is “showing the driving force that has been created to start a newly in the Fed’s cutting cycle,” she said that the chance that Federal Reserve will warm up to reduce interest rates to support the labor market.
Less than two full months at work, Trump hit the storms otherwise. Stable economy, he was inherited.Promise to overhaul Widely dissatisfaction–
Wales Street Trader and Analyst There are more warnings regarding the impact of the uncertainty of the policy on the economy. But the reaction of the market per report on Friday is quite closed. Stocks tend to close down for the week by deleting the profits that have been fully emerged since Trump won the new election in November.
“We tend to see some breaths when we move throughout the year,” said Sarah House, the senior economist of Welsh Fargo. On Thursday, the BLS reports, “It’s not just a tax that we are fighting, but it will also affect the growth of the labor force and now we have a lot of effort to reduce government spending.”
Consumer confidence has slump Household Change the focus from spending to more savings.– At the same time Trump’s combination Tax agenda that is still developed And reducing a large job that Musk is a billion consultant, he has raised the level of viewers of higher unemployment and higher prices. Stagflation claims–
In the Friday BLS number, there are two unofficial reports showing that the work market is detained: announced the work in February. To the highest level, one month since the depth of the large epidemic In the middle of the year 2020, consultant Challenger, Gray & Christmas said on Thursday.
Earlier this week, the private salary process of the ADP has increased 77,000 net profit in February. Less than 148,000 predictions– The reduction of the release of employees recently in the data service sector and loss of education and health services – which is often relying on the Central Government’s capital, NELA Richardson, the economist AdP, said in calling reporters on Wednesday.
“And here you may see some uncertainty due to the policy being digested and assessed,” she said by reducing the federal labor. “We do not know what this shows. But we see a great decrease in employment in an important economic sector. “
With the increasing uncertainty, large retailers warned that they tend to ask customers to pay more from Trump’s tax. The best goal and purchase Warnings about the possibility this week, the day before the White House proposed temporary suspension for certain duties that Walmart warned that it would not “immunity” all from the new. Import tax for leading American trade partners–
