{"id":70643,"date":"2015-04-06T04:10:01","date_gmt":"2015-04-06T08:10:01","guid":{"rendered":"http:\/\/countingpips.com\/?p=70643"},"modified":"2015-04-06T06:28:56","modified_gmt":"2015-04-06T10:28:56","slug":"weak-us-jobs-report-may-delay-fed-rate-hike","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2015\/04\/weak-us-jobs-report-may-delay-fed-rate-hike\/","title":{"rendered":"Weak US jobs report may delay Fed rate hike"},"content":{"rendered":"<div id=\"inves-3058047578\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">April 6, 2015<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p>Article by <a href=\"http:\/\/countingpips.com\/contributors\/contributor-profile-forextime\/\">ForexTime<\/a><\/p>\n<p>US nonfarm payrolls in March showed that just 126,000 jobs were added to the economy compared to 245,000 expected ended a yearlong stretch of jobs created being above 200,000. The dismal numbers raised concern about broader economic growth in the US amid evidence of a slowdown, due to some recent weak US economic data.<\/p>\n<p>Meanwhile revisions were made to the February number. The change in total nonfarm payroll employment for January was revised downward from 239,000 to 201,000, and the change for February was revised from 295,000 to 264,000.<\/p>\n<p>The unemployment rate held steady at 5.5 percent. Part of this is because the number of people participating in the work force has declined.<\/p>\n<p>The jobs report weakens the \u201cargument for a mid-year hike\u201d and may speculate that the Federal Reserve will hold back to raise rates at a later date than what was previously expected. Until recently, some economists predicted the first interest rate increase to be in June but expectations are being pushed back to September.<\/p>\n<p>The lower jobs number is a reminder that the US economic recovery is yet to reach escape velocity.<\/p><div id=\"inves-3088751657\" class=\"inves-in-content inves-entity-placement\"><hr style=\"border: 1px solid #ddd;\">\r\n<div id=\"inpost_ads_header\">\r\n<p style=\"font-size:10px; float:left; color:#666;\">Free Reports:<\/p><\/div>\r\n<div id=\"inpost_ads\"> \r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/1ApBOV\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2018\/06\/graph_techs_PD.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t     <a href=\"https:\/\/goo.gl\/1ApBOV\"><b><u>Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p><br><br>\r\n<br>\r\n<br>\r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/f3RrHX\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2019\/01\/cot_pie_80.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t    <a href=\"https:\/\/goo.gl\/f3RrHX\"><b><u>Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p><br><br>\r\n<\/div>\r\n<hr style=\"border: 1px solid #ddd;\">\r\n<br><\/div>\n<p>The dollar tumbled on the data, especially against the yen and the euro. USD\/JPY fell to 118.73 on Friday from 119.97. EUR\/USD rallied to 1.1028 from 1.0878.<\/p>\n<p>&nbsp;<\/p>\n<hr \/>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-54242 alignleft\" src=\"http:\/\/countingpips.com\/articles-analysis\/wp-content\/uploads\/2014\/07\/Forex-Time-Logo.png\" alt=\"Forex-Time-Logo\" width=\"262\" height=\"90\" \/><strong>Article by <span style=\"text-decoration: underline;\"><a href=\"http:\/\/countingpips.com\/contributors\/contributor-profile-forextime\/\">ForexTime<\/a><\/span><\/strong><\/p>\n<p><strong>ForexTime Ltd (FXTM)<\/strong> is an award winning international online forex broker regulated by CySEC 185\/12 <a href=\"http:\/\/www.forextime.com\" target=\"_blank\">www.forextime.com<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Article by ForexTime US nonfarm payrolls in March showed that just 126,000 jobs were added to the economy compared to 245,000 expected ended a yearlong stretch of jobs created being above 200,000. The dismal numbers raised concern about broader economic growth in the US amid evidence of a slowdown, due to some recent weak US [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-70643","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/70643","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=70643"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/70643\/revisions"}],"predecessor-version":[{"id":70655,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/70643\/revisions\/70655"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=70643"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=70643"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=70643"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}