A bad news for the U.S. economy: This could impact on New York and the other European stock exchanges also. According to official figures released Friday, found hiring a standstill for the second successive month in the U.S. in June, the joblessness rate for its enduring his climb. According to the employment report from the Labor Department during the month just ended, the U.S. economy created only 18,000 more jobs than it destroys.
Hopeful, analysts expected for their hiring of 80 000 net. The situation is particularly alarming that these new posts will not ensure employment for young people entering the labor market. As a result, the official redundancy rate of the country continues to rise which began in April, now stands at 9.2%, and its peak level since the beginning of the year.
The balance in May was also revised down from 54,000 to 25,000. Note that the figures from the Ministry are in total opposition to the satisfactory results of the survey published Thursday on the ADP private employment, destroying almost the wave of hope born yesterday.
The accord reached by Bloomberg on tables and 105,000 new jobs, the agency has raised its estimate of 83,000 initially, given the good figures released by ADP. But now the situation has heightened concerns about the continuing slowdown in the U.S. economy, new support measures being considered. A circumstance for the turn down in financial markets: for example, at the close on Friday, the Dow Jones fell by 0.49% to 12,657 points, the Nasdaq dropping 0.45% to 2860 points and the S & P 500 falling 0.70 % to 1344 points.
