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US Economy Stronger Than Expected: Employment Indicators Show Positive Growth

[앵커]

Indicators continue to show that the US economy is stronger than expected.

This time, the employment indicator came out, and new employment was almost twice the market expectation.

I am Park Il-joong’s correspondent in New York.

[리포트]

The number of new jobs in the United States in January was 353,000.

That is almost double the 185,000 the market had expected.

The unemployment rate in January was 3.7%, also below market expectations of 3.8%.

In December last year, the number of employed people was revised to be over 100,000 more than the original count.

Hourly income increased by 0.6% from the previous month and 4.5% from a year ago.

This is an indicator that, despite the recent restructuring atmosphere focused on IT companies, the labor market is stronger than expected.

If employment and income increase significantly, this will further stimulate American consumption, which shows no signs of slowing down.

Ultimately, the inflation rate could rise again, which would make it less likely that the US Federal Reserve would lower interest rates.

Federal Reserve Chairman Powell has expressed concern about the possibility that inflation will remain stuck above 2% given the recent economic conditions.

[제롬 파월/미 연방준비제도 의장/현지시각 2월 1일 : “물가상승률이 다시 높아질 위험이 있습니다. 더 큰 위험은 (목표치인) 2%보다 상당히 높은 수준에서 고착화 되는 것입니다.”]

Accordingly, the interest rate on 10-year US Treasury bonds, which had fallen to the 3% range, was again above 4%.

In addition, as the value of the dollar against major currencies reached its highest since mid-December last year, the value of the gain against the dollar in the offshore market also showed an upward trend.

This is Park Il-joong from KBS News in New York.

Video Editing: Here Sam-hyun / Data Research: Choi Yu-na

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