U.S. employment data is disappointing with poor results in seven months

Wages, a report that brings data on job creation in the United States – and a key indicator of how the world’s largest economy is doing – opens in August 235,000 new jobs in August. This is the worst data in the last seven months and four times less than the previous monthWhen 1.053 million vacancies were created. The figure disappointed with the expectations of economists in Bloomberg, which estimated 750,000 new jobs.

The information below expectations indicates that decision Central Reserve Bank Reduce injection Dollars The economy could be pushed into the first quarter of 2022. In a recent speech by Fed President Jerome Powell at the Jackson Hole meeting, he reiterated the contents of recent minutes. Fed, Optimistic about US economic indicators. However, now the picture has changed.

At the time, Powell said American economy Is recovering well, which is enough to achieve the inflation target. In addition, he noted that the end of the year was enough to reduce the expected labor market recovery purchase plan, but he left out cautious data on the data Work Today this weak number tends to postpone this announcement for a while, ”said Victor Beirutti, economist at Guide Investmento.

The central bank has made it clear that the decision to raise interest rates has nothing to do with the recession on the US bond-buying program. That is, although stimulus start to withdraw in the last quarter of 2021, the increase in interest rates is forecast at the end of 2022 and the beginning of 2023.