U.S. June Employment Exceeds Expectations…Labor Market Still Robust

Divergent Trends Seen In The U.S. Employment Market (Source: Reuters)

The U.S. Employment Market Continued Its Strong Trend In June. According To The Labor Department Announcement, The June Non-Farm Sector New Employment Counted 147,000, Significantly Exceeding The Market Expectation Of 111,000. The Unemployment Rate Was 4.1%, Lower Than The Expected 4.3%.

This Figure Suggests That The U.S. Economy Is Still Maintaining A Strong Employment Base. Amid Conflicting Expectation Of Inflation Slowdown And Interest Rate Cuts, The Employment Indicator Is Likely To Be An Important Clue For The Fed's Policy Decision. The Market Is Attentively Watching The Fed's Next Move.