The “Employment” brand is displayed outside a targeted store, after the growth of employment in the United States slowed more than expected in July, in Encinitas, California, August 1, 2025.
Mike Blake Reuters
At this moment in the American economy – when interest rates are higher than usual and inflation is still 2 % higher – the job report is like injury. You want to be bad enough, like the army, to derive sympathy from others, but it is not so dangerous that it destroys the body and displays bones.
The August August report was more like the last. The new salaries lists came in more than a third of the expectations. On the bright side, although the unemployment rate increased to 4.3 % from 4.2 % in the previous month, that was significantly due to an increase of 436,000 in the size of the workforce – which means that it is not many workers but more job seekers caused increased unemployment.
However, the wounding of the American economy was severe enough so that traders expect the Federal Reserve to manage some tender -loving care soon. According to CME Fedwatch toolThe futures market, as of Sunday night, was priced at an opportunity by 8 % to reduce the average of 50 basis points at the September Federal Reserve meeting in September. The possibility was 0 % a month ago. And the reducing point of the base 25 is everything certain.
The possibility of this truce by the Central Bank of Investors helped tolerate job report pain. The main US indexes fell on Friday, but only moderately. Nasdak’s boat closed around the flat line, with the support of that Strong bones in the technology sector.
if Federal Reserve Discounts later this month – a step that you will definitely achieve – will be a stitch, in time, to provide investors more than ten cents.
What you need to know today
August American job report. Non -agricultural salary statements in the United States It rose by 22,000 for this monthLess than 75,000 expected by scanning Dow Jones. While the job numbers were revised for the month of July, the June numbers were revised to move to a net loss of 13,000 jobs.
The huge recovered amounts if the definitions are governed by illegal, warns bessent. In an interview on Sunday, US Treasury Secretary, Scott Payett, said if the Supreme Court strikes The definitions below, “We will have to give Recover about half of the definitionsAnd that will be terrible for a cabinet. ”
Trump threatens to launch a commercial investigation to cancel the European Union fines. US President Threaten Hours after the European Union slapped $ 3.45 billion a penalty on Google For anti -competition company practices.
The American markets ended in green. but, All three main indexes fell on Friday After touching its highest levels earlier in the session. Likewise, in general Europe Stoxx 600 Abandon previous gains Today it ends 0.2 % less.
(Pro) radar inflation data this week. After the August job report, Focus on American producers price indexes and consumers. They will provide an indication of how the FBI is balanced to balance its twin states for the maximum stable employment and inflation.
Finally …
Shoppers are going through the Galleria Vittorio Emanuele II Shopping Show.
Photo alliance Gety pictures
Why is Italy to distort the rich squares
Italy-which is a preferred preferred for the wealthy and celebrities-attracts a new wave of wealthy expatriates who look forward to benefiting from its friendly environment for investors, flourishing real estate market and low tax system.
Since many other countries are lacking on the wealthy, Italy offers the trend; The arriving flat tax system has closed the hordes of the big tunnels who are attracted to luxurious living and an increasingly the scene of Milan’s loud work.
– Karen Gilkerst
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