The growth of employment in the United States was much less solid in the year until March than was previously reported, which increased pressure on the Federal Reserve to lower interest rates.
The number of workers in payrolls It will probably be reviewed down 911,000 for 12 months to March, or almost 76,000 less every monthaccording to the preliminary review of Tuesday. The final figures are expected at the beginning of next year.
The adjustment of the labor statistics office indicates that the deceleration of the labor market in recent months followed a prolonged period of more moderate employment growth that could lay the foundations for a series of cuts of interest rates from next week. The president of the FED, Jerome Powell, recently admitted that the risks to the labor market have increased and two of his colleagues preferred to reduce indebtedness costs in July.
The operators expect the central bankers to reduce the rates at the end of their two -day meeting on September 17.
