The US non-farm sector in November increased the number of employed by 155 thousand, slowing growth rates compared with an increase of 237 thousand in October. Experts had expected growth rate of 200 thousand jobs. The lowest level of employment in 8 months was recorded in the construction industry, due to colder than usual weather. Construction companies created in November only 5 thousand jobs against 24 thousand in October. The manufacturing industry has increased the number of jobs by 27 thousand. The average hourly wage rose by 0.2% compared to October. Its growth in annual terms was 3.1%. Economists believe that the data for November may affect plans to raise interest rates of the Federal Reserve System in 2019. According to their estimates, instead of two raises, rates can be raised once.
China can fortify stimulus if growth slows further amid virus spread, IMF says11.02.2020
China GDP growth could decline by 1% amid coronavirus spread, says government researcher23.01.2020
Australian employment rate outpaces forecasts, analysts throw in the towel on February rate cut22.01.2020
Indonesia central bank to continue accommodative policy to boost monetary growth