PARIS (Reuters) – The American economy has created much less jobs than expected in August, show the official data published on Friday which feeds the anticipations of a future reduction in interest rate of the Federal Reserve (FED), putting under pressure the dollar and the American bond yields.
The monthly report of the Labor Department lists 22,000 non -agricultural jobs created over the month, while the economists questioned by Reuters provided on average 75,000 net creations after 79,000 in July (revised figure of 73,000).
The unemployment rate increased in August to 4.3%, as anticipated by analysts, after 4.2% in July.
The growth of average salary in the private sector remained stable at 0.3% in August as expected by analysts and the previous month.
Over one year, its increase is 3.7%, after +3.9%in July and a forecast at +3.7%.
In the financial markets, the dollar, already down Friday at the start of the day, accentuated its losses. The greenback lost 0.49% against a basket of reference currencies around 12:40 pm GMT while the euro won on the contrary 0.70% at 1.1728 dollars and the Sterling GBP book = 0.57% to 1.3508 dollars.
The yield of Treasury at ten years consequently lost 8.1 pb to 4.0953%, while the two -year title yield abandoned 9.1 pb to 3.4989%.
(Written by Bertrand de Meyer, edited by Blandine Hénault)
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