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(单词翻译:双击或拖选)
US Economy Adds 248K Jobs, Unemployment Rate Falls to 5.9% 美国增加了24.8万岗 位,失业率降至5.9%
Friday’s closely watched report on the U.S. job market saw the economy gain 248,000 jobs in September. Combined with an upward revision of 69,000 more jobs in previous months - the nation’s unemployment rate fell to a six-year low of 5.9 percent.
Both figures were stronger than most economists1 had predicted. But It also could encourage the U.S. central bank to raise interest rates sooner than many expected.
A burst of hiring in September helped push the U.S. unemployment rate to its lowest level since July 2008. Along with upward revisions in July and August, Chief Investment Officer Brad McMillan at Commonwealth2 Financial Network says the economy is clearly moving in the right direction. He spoke3 to us on Skype.
“What you have to look at is the trend, and what we’ve seen with the exception of last month - we’ve seen over 200K [200,000] for a number of months in a row and that’s something that hasn’t happened since the 90’s,” said McMillan.
Job gains were broad based - with new hires in the construction and manufacturing sectors4 - and better than expected growth, 81,000 new jobs, in professional services. That’s an important distinction, according to Bankrate.com senior analyst5 Greg McBride - on Skype.
“Most importantly, the types of jobs that are being added this year are better quality jobs than what we had seen in each of the previous years," said McBride. "The leading category for job growth here in 2014 is professional and business services, so these tend to be higher paying jobs.”
Stagnant6 wage growth has been a drag on consumer spending since the recession ended. But rising wages and the steady pickup7 in jobs could have a downside - especially if you’re looking to get a loan.
McMillan said that’s because a rapidly-improving economy could sway the U.S. central bank into raising short-term interest rates sooner than many expected.
“I’ve been saying for a long time: I think the bias8 on the Fed is actually towards sooner and faster tightening9 than the market is taking into account, and I think those numbers [job report] make a March [2015] increase much more likely,” he said.
The Federal Reserve has slashed10 interest rates since the recession in an effort to stimulate11 business spending and boost employment. But some economists say low interest rates coupled with an improving economy could fuel higher inflation, which would have the opposite effect of slowing economic growth.
1 economists | |
n.经济学家,经济专家( economist的名词复数 ) | |
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2 commonwealth | |
n.共和国,联邦,共同体 | |
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3 spoke | |
n.(车轮的)辐条;轮辐;破坏某人的计划;阻挠某人的行动 v.讲,谈(speak的过去式);说;演说;从某种观点来说 | |
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4 sectors | |
n.部门( sector的名词复数 );领域;防御地区;扇形 | |
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5 analyst | |
n.分析家,化验员;心理分析学家 | |
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6 stagnant | |
adj.不流动的,停滞的,不景气的 | |
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7 pickup | |
n.拾起,获得 | |
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8 bias | |
n.偏见,偏心,偏袒;vt.使有偏见 | |
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9 tightening | |
上紧,固定,紧密 | |
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10 slashed | |
v.挥砍( slash的过去式和过去分词 );鞭打;割破;削减 | |
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11 stimulate | |
vt.刺激,使兴奋;激励,使…振奋 | |
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