www.varchev.com

Hourly wages show revival in the US economy

Rating:

12345
loadingLoading...
icon mailicon facebookTwitter iconGoogle iconicon hyperlink

While Federal Reserve Chairman Janet responded dismissively in March, when she was asked if wage growth is accelerating in the US, some companies and economists argue that the rising of the wages finally shows signs of recovery in the US economy.

Analysts at Goldman Sachs, announced this week, that now there is a "quite convincing" evidence of a positive trend in wages, based on their indicator for increase in payment. Last week, a survey form medium-sized companies from the National Center for the Middle Market noted that more than half of the companies consider payment  increases in the first quarter - a sharp increase in the preliminary estimates.

Fed's Beige Book, which compiles reports on the local economies by the regional Federal Reserve Banks, reported in April that all but one area have increased wages and reported rapid growth.

Official evidence will be received today at 15:30, as the details on NFP will be announced. Economists expect the US to continue its trend of stable leases with a forecast to add 200,000 new jobs in April, a less modest figure compared to the 215,000 in March


Subscribe to Varchev Finance's newsletter and get the most important to your email


Read more:

RECCOMEND WAS THIS POST USEFUL FOR YOU?
If you think, we can improve that section,
please comment. Your oppinion is imortant for us.
WARNING: Any news, opinions, research, data or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. Varchev Finance Ltd. expressly disclaims any liability for any lost principal or profits which may arise directly or indirectly from the use of or reliance on such information. Varchev Finance Ltd. may provide information, quotes, references and links to or from other sites and blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the sites, blogs or other sources of information.
Varchev Finance

London


25 Canada Square, Level 33, office 50, Canary Wharf London, E14 5LQ +44 20 3608 6256

Universal numbers

World Financial Markets - 0700 17 600    Varchev Exchange - 0700 115 44

Varchev Finance Ltd is registered in the FCA (FINANCIAL CONDUCT AUTHORITY) with a passport in the United Kingdom: FCA, United Kingdom - registration number: 494 045, which allows provision of financial services in the United Kingdom.

Varchev Finance Ltd strictly comply with the statutes of the European directive MiFID (Markets in Financial Instruments). targeting increased efficiency, transparency and uniformity of financial instruments.
Varchev Finance Ltd is authorized and regulated by the Financial Supervision Commission - Sofia, Bulgaria: License number RG-03-02-05 / 15.03.2006

Disclaimer:

Derivatives and margin trading involve a high degree risk level. You should not trade Forex and CFD unless you fully understand how it functions, what your benefits can be, what your risk is, and what you may lose. Please, note that the losses can be practically unlimited and that the initial deposit will not permanently limit the risk. You have to fully realize your financial status and make sure that trading in derivatives hides the risk of losing the entire amount invested. Invest only the amounts that you are able to lose.

chat with dealer
chat with dealer
Условията за използване на "бисквитки"