美国8月非农大暴冷，6月更被下修至负值！黄金刷新历史新高

Group 1 - The U.S. job growth significantly slowed in August, with non-farm payrolls increasing by only 22,000, far below the market expectation of 75,000 [1] - The unemployment rate rose slightly to 4.3%, the highest level since the end of 2021 [1] - Average hourly earnings increased by 0.3% month-over-month and 3.7% year-over-year, aligning with market expectations [1] Group 2 - The average job growth over the past three months was only 29,000, marking the weakest employment growth since the pandemic began [3] - The private sector added 54,000 jobs in the previous month, while initial jobless claims reached 237,000, the highest since June [3] - The education and healthcare sectors were the largest job creators, adding 46,000 jobs, while durable goods and business services sectors lost 19,000 and 17,000 jobs, respectively [3] Group 3 - Market reactions indicate increased bets on the Federal Reserve starting rapid interest rate cuts, with expectations for a rate cut in September [3][4] - The transition of job growth from the public to the private sector may require lower interest rates, with predictions of a series of rate cuts to follow [4] - Historical trends suggest that while initial market reactions may be positive due to potential dovish Fed policies, significant declines in yields could indicate economic slowdown, which is negative for the stock market [4]