Annonce

Log ud Log ind
Log ud Log ind
Finans

USA kan se en jobvækst i juli på en million, mener økonomer

Hugo Gaarden

fredag 06. august 2021 kl. 10:05

I dag kommer der amerikanske jobtal, som der har været spænding om. Økonomer venter omkring en million nye jobs i juli, men vurderingerne spænder dog fra 1,6 millioner til kun 350.000. Det vil betyde, at beskæftigelsen ligger næsten seks millioner under niveauet fra før pandemien. Økonomer er dog enige om, at betingelserne for flere ansættelser har været gode den seneste tid, trods produktionsvanskeligheder i nogle brancher, f.eks. med mangel på chips til bilbranchen.

Uddrag fra Fidelity/Reuters:

U.S. job growth seen strong as technical factors provide a boost

U.S. job growth likely remained robust in July amid shifts in seasonal employment at schools caused by the pandemic, which could mask some softening in underlying labor market conditions as the boost from fiscal stimulus and the economy’s reopening fades.

The Labor Department’s closely watched employment report on Friday could show nonfarm payrolls surging by at least 1 million last month because of the so-called seasonal adjustment factors, which are also seen inflating employment at auto assembly plants and in the leisure and hospitality sector.

Prior to the COVID-19 pandemic, education employment normally declined by about 1 million jobs in July as schools closed, while temporary plant shutdowns for summer retooling weighed on automobile payrolls. But this year many students are in summer school catching up after disruptions caused by the coronavirus.

Chip shortages have forced automakers to make changes to their normal production schedules. This could have impacted the timing of the temporary re-tooling shutdowns, which could throw off the model that the government uses to strip out seasonal fluctuations from the payrolls data. The seasonal factors are also expected to have boosted leisure and hospitality jobs.

“The seasonal adjustment factors are extremely favorable,” said Ryan Sweet, a senior economist at Moody’s Analytics in West Chester, Pennsylvania. “The job market has lost some momentum, reflecting the fading effects from the reopening, along with less impulse from fiscal stimulus.”

According to a Reuters survey of economists, nonfarm payrolls likely increased by 870,000 jobs last month after rising 850,000 in June. That would leave employment 5.9 million jobs below its peak in February 2020. Estimates ranged from as low as 350,000 to as high as 1.6 million, underscoring the uncertainty surrounding July’s employment report.

The department’s Bureau of Labor Statistics (BLS), which compiles the employment report, flagged the distortions to the normal seasonal layoff patterns with June’s release saying “the variations make it more challenging to discern the current employment trends in these industries.”

Though the labor market data has remained positive there are signs the pace of job growth has slowed relative to June. The ADP employment report on Wednesday showed the smallest private payrolls gain in five months in July. Data from Homebase, a payroll scheduling and tracking company, showed its employees working index rose moderately in July from June.

But Institute for Supply Management surveys showed a rebound in manufacturing and services industries employment last month. The Conference Board’s labor market differential, derived from data on consumers’ views on whether jobs are plentiful or hard to get, in July hit its highest level since 2000.

Job growth this year has ranged between 233,000 and 850,000 per month.

 

Tilmeld dig vores gratis nyhedsbrev
ØU Top100 Finansvirksomhed

Få de vigtigste om bank, realkredit, forsikring, pension
Udkommer hver mandag.

Jeg giver samtykke til, at I sender mig mails med de seneste historier fra Økonomisk Ugebrev. Lejlighedsvis må I gerne sende mig gode tilbud og information om events. Samtidig accepterer jeg ØU’s Privatlivspolitik.

Du kan til enhver tid afmelde dig med et enkelt klik.

[postviewcount]

Jobannoncer

Medarbejder til tilsynet med markedet for kryptoaktiver og betalingstjenester
Region H
CEO for Rejsekort & Rejseplan A/S
Region H
Spændende og alsidig stilling som økonomi- og administrationschef
Region Hovedstaden
Finance/Business Controller til Anzet A/S
Region Sjælland
Dansk Sygeplejeråd søger digitalt indstillet økonomimedarbejder med erfaring i regnskabsprocessen fra A-Z
Region Hovedstaden
Økonom til tilsynet med realkreditinstitutter
Region H
Økonom til analyser af arbejdsmarkedet
Region H
Financial Controller til Process Integration ApS
Region Midt
Liftra ApS i Aalborg søger en Finance Controller med ”speciale” i Transfer Pricing
Region Nordjylland
Forbrugerrådet Tænk søger en ny direktør
Region Hovedstaden
INSTITUTLEDER PÅ AAU BUSINESS SCHOOL – Aalborg Universitet
Region Nordjylland
Udløber snart
SPARTA SØGER EN ERFAREN KOMMERCIEL CHE
Region H
Skatteministeriet søger kontorchef til Organisering og Governance
Region H

Mere fra ØU Finans

Log ind

Har du ikke allerede en bruger? Opret dig her.

FÅ VORES STORE NYTÅRSUDGAVE AF FORMUE

Her er de 10 bedste aktier i 2022

Tilbuddet udløber om:
dage
timer
min.
sek.

Analyse af og prognoser for Fixed Income (statsrenter og realkreditrenter)

Direkte adgang til opdaterede analyser fra toneangivende finanshuse:

Goldman Sachs

Fidelity

Danske Bank

Morgan Stanley

ABN Amro

Jyske Bank

UBS

SEB

Natixis

Handelsbanken

Merril Lynch 

Direkte adgang til realkreditinstitutternes renteprognoser:

Nykredit

Realkredit Danmark

Nordea

Analyse og prognoser for kort rente, samt for centralbankernes politikker

Links:

RBC

Capital Economics

Yardeni – Central Bank Balance Sheet 

Investing.com: FED Watch Monitor Tool

Nordea

Scotiabank