Mixed data from the US labor market. According to the numbers released by Washington in the early Italian afternoon, in May US unemployment it rose to 5,5%, from 5,4% in April. Analysts were expecting the figure unchanged at 5,4%.
However, the rate has fallen by 1,7% since August 2013, when it stood at 7,2%, although it remains above the average of 4-5% recorded before the recession. The Federal Reserve considers a long-term value of no more than 5,5% tolerable.
As for the jobs280 were created in the same month (against 221 in April, revised from the previous 223), more than the 225 expected.
I wages they rose 8 cents (+0,3%) to $24,96 an hour, higher than the +0,2% expected by analysts. On an annual basis, however, wages grew by 2,3%, slightly better than the 2% recorded in recent months.
With US companies continuing to hire at a more or less sustained pace for years now and with the unemployment rate gradually declining, the US Central Bank must now decide when to start hiring raise the cost of money.
Yesterday the International Monetary Fund asked to postpone monetary tightening to at least the first half of 2016.
