Stock Market Today

only from the surface of the data, the U.S. non-farm employment report actually pretty good in May. Data showed the U.S. May non-farm employment increased by 43.1 million people, although lower than economists expected 53.6 million in value, it is still the largest since March 2000 growth.

In addition, the April non-farm employment increased by 29 million people, not to an amend, taking a few months before the amendmen into account, this year the United States from January to May the average monthly increase of nearly 20 million jobs,it is a positive signal in the job market. Meanwhile, the U.S. unemployment rate in May from April’s 9.9% slightly down 9.7%, better than expected 9.8%.

However, take disaggregated data into account, the result of the report has been considered to be very bad, the market think that the unemployment data show that the Fed’s increases in interest rates probably have to be postponed, Analysis have pointed out that the reasons for poor employment are recruitment of 411 000 temporary workers for census conducted once every ten years in us, the U.S. private sector increased by only 4.1 million jobs in may , the recovery of the U.S. job market is still great uncertainty.

In addition, economists said that he decline of unemployment rate probably will be very slow in the U.S., because there are many people who have long-term unemployment is difficult to find a job. May’s report shows that many Americans already are unemployed up to 6 months.

United States recovery has suddenly been cast a shadow , risk aversion is very easy to be detonated in originally apprehensive market,. Last Friday, the dollar, gold rised, but non-US currency fell substantially, including the euro, Australian dollar’s fall front, the euro fell below 1.20 against the dollar.