Saturday December 14, 2019

US unemployment rate predicted to have fallen in August

It is likely that the US economy added jobs at a steady pace in August

4th September, 2015
Relief on Wall Street

It is likely that the US economy added jobs at a steady pace in August and the unemployment rate probably fell to a near seven-and-a-half year low of 5.2 percent, according to Reuters

If the job predictions are accurate, this could allow the US Federal Reserve to consider a September interest rate hike at its next policy meeting, on September 16 to 17.

A Reuters survey of economists forecast non-farm payrolls in the US increased by 220,000 last...

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