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Unemployment rate in U.S. to be announced - everyone`s attention focused on Washington

10.01.2020,13:14


January 10, Fineko/abc.az. Data on the unemployment in the U.S. will be released today. The unemployment rate in the world's largest economy is forecast to remain at the last month’s level of 3.5%. In November the unemployment also made up 3.5%.

ABC.AZ reports with reference to the foreign media that the annual and monthly growth rates of wages in the U.S. will also be disclosed. Hourly wages are expected to grow by an average of 0.3% per month. Monthly growth in September reached 0.2%. Salary is expected to grow by 3.1%. In September the annual growth made up 3.1%.

It should be noted that the employment and wages in the U.S. are important for the state of the economy and the Fed's interest rate decisions.

By Elmir Murad