Westpac analysts point out that in 2019, the US employment growth has throttled back to 165k, which is still ahead of the monthly pace necessary to keep the unemployment rate steady, but is a material deceleration from the strong 200k per month gains of the past 8 years. Key Quotes “We look for job growth to slow further in coming months, forecasting a 140k gain for August and an average circa 130k through H2 2019. If this occurs, then the unemployment rate will stabilise around its 50-year low.” “For wages, the tight labour market should be enough to sustain growth between 3.0% and 3.5%yr. However, a renewed uptrend above the top end of this range seems increasingly unlikely. Along with softer job growth, the stabilisation of wages growth will weigh on spending growth.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next UK PM Johnson spokeswoman: PM welcomes court’s decision on proroguing parliament FX Street 4 years Westpac analysts point out that in 2019, the US employment growth has throttled back to 165k, which is still ahead of the monthly pace necessary to keep the unemployment rate steady, but is a material deceleration from the strong 200k per month gains of the past 8 years. Key Quotes "We look for job growth to slow further in coming months, forecasting a 140k gain for August and an average circa 130k through H2 2019. If this occurs, then the unemployment rate will stabilise around its 50-year low." "For wages, the tight labour market should be enough to sustain growth… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
