周一（6月9日）欧市盘中，COMEX黄金价格反弹上涨，截至目前报3343.60美元/盎司，涨幅0.38%，今 日开盘于3333.40美元/盎司，最高上探3346.20美元/盎司，最低触及3313.10美元/盎司。 【要闻速递】 上周五公布的美国5月失业率录得4.2%，符合市场预期，前值为4.2%；美国5月季调后非农就业人口录 得13.9万人，高于市场预期13万人，前值为14.7万人。 "美联储传声筒"Nick Timiraos发文称，美联储官员表示，在评估劳动力需求是否放缓上，他们可能更关 注失业率而非就业增长。原因在于，他们预计，随着边境管控收紧导致可供工作的人数减少，就业增长 自然将放缓。当就业增长放缓而失业率保持稳定时，可能表明劳动力供给下降的速度快于需求下降的速 度。美联储的底线是：只要失业率保持在当前水平，美联储不会必然对就业增长放缓感到担忧。 华尔街交易员在周五强于预期的5月非农就业报告公布后，缩减了对降息的押注。根据CME的数据，利 率期货显示，今年有三次及以上0.25个百分点的降息可能性从周四的36%下降至25%。一次或零次降息 的可能性从25%上升至34%。 本周市场聚焦大国贸易磋商与美国通 ...

Group 1 - The U.S. added 139,000 jobs in May, exceeding market expectations of 126,000, but previous months' data was revised down by 95,000 jobs, with March's figures cut from 185,000 to 120,000 [1] - The unemployment rate remained stable at 4.2%, but this stability was due to a decrease of nearly 600,000 in the labor force, indicating a discrepancy between employer hiring intentions and household employment reports [3] - Average hourly wages increased by 0.4% in May, with a year-over-year rise of 3.9%, attributed to a tighter labor market rather than employer generosity, as full-time positions decreased by 620,000 [3][5] Group 2 - The manufacturing sector lost 8,000 jobs in May, signaling potential economic concerns, while the federal government cut 22,000 jobs, totaling nearly 60,000 cuts since January [5] - Some sectors, such as healthcare, added 62,000 jobs, and hospitality industries also saw growth, but the sustainability of these positions under economic pressure is questionable [5] - There was a notable decrease in both native-born and foreign-born workers, with 440,000 and 220,000 fewer workers respectively, highlighting the challenges in the job market [7] Group 3 - The overall employment data presents a façade of growth, but underlying issues suggest instability, with the labor market showing signs of weakening despite reported job increases [8]

Employment Data Summary - In May, the U.S. added 139,000 non-farm jobs, slightly exceeding the expectation of 130,000[2] - Job growth was concentrated in three sectors: education and healthcare services (+87,000), leisure and hospitality (+48,000), and finance (+13,000)[2] - The unemployment rate remained steady at 4.2%, with a slight increase in the labor force participation rate from 62.6% to 62.4%[4] Wage Growth Insights - Hourly wage growth was 0.4% month-on-month, surpassing the expected 0.3%, and year-on-year growth was 3.9%, up from a revised 3.8%[3] - The average weekly hours worked remained at 34.3 hours, indicating stable labor income growth[3] - Wage growth is crucial for protecting consumer purchasing power, especially for low- and middle-income groups, amid inflation concerns[5] Market Reactions and Economic Outlook - Market expectations for interest rate cuts have cooled, with the probability of a September rate cut dropping from 61.3% to 51.8%[3] - The anticipated number of rate cuts for the year decreased from 2.1 to 1.8, and the year-end policy rate expectation rose from 3.795% to 3.886%[3] - Following the report, U.S. stock indices rose, with the Dow Jones up 1.05% and the Nasdaq up 1.2%, indicating a rebound in risk appetite[3]

Core Insights - The unemployment rate has shown little change this month due to a decline in labor force participation rate [1] - The number of unemployed individuals has increased for the fourth consecutive month, marking the longest streak of increases since 2009 [1] Labor Market Analysis - The labor force participation rate has decreased, impacting the overall unemployment rate [1] - The continuous rise in unemployment numbers indicates potential underlying issues in the labor market [1]

加拿大新增就业好于预期 但失业率升至7%的多年高位 金十数据6月6日讯，5月份，加拿大就业市场仍然低迷，又一个月的招聘活动低迷，失业率升至2016年 以来的最高水平（不包括疫情最严重时期）。加拿大统计局周五表示，上月加拿大新增就业岗位8800 个，增幅不大。随着加拿大人口继续扩张，劳动力市场的增长落后，意味着失业率连续第三个月小幅上 升，至7.0%。就业增长数据强于预期，因联邦选举引入临时工，分析师曾预计5月就业人数将减少 12,500人，逆转上月增加的约37,000个公共行政职位。在1月份就业激增之后，加拿大的就业几乎没有增 长，因为人们担心特朗普政府对贸易和进口关税的敌对态度打击了招聘意愿。 ...

Group 1 - The core point of the article is that the U.S. labor market showed stronger-than-expected job growth in May, with non-farm payrolls increasing by 139,000, surpassing the market expectation of 130,000, while the unemployment rate remained stable at 4.2% [1] - The U.S. Bureau of Labor Statistics revised down the non-farm employment figures for March and April, with March's total adjusted from 185,000 to 120,000, a decrease of 65,000, and April's from 177,000 to 147,000, a decrease of 30,000, resulting in a total downward revision of 95,000 jobs for these two months [3] - The unemployment rate has remained within a narrow range of 4.0% to 4.2% since May 2024, which may provide the Federal Reserve with the policy space to delay interest rate cuts [4] Group 2 - Average hourly earnings in May increased by 0.4% month-over-month, higher than the previous value of 0.2% and the expected 0.3%, while year-over-year growth reached 3.9%, exceeding the previous 3.8% and the expected 3.7% [4] - The labor force participation rate decreased from 62.6% to 62.4% in the previous month, indicating a slight contraction in the labor market [4] - Financial markets expect the Federal Reserve to maintain the benchmark overnight interest rate in the range of 4.25% to 4.50% this month, with a potential rate cut anticipated in September [4] Group 3 - The job market may face challenges due to the recent actions by President Trump, which have revoked temporary legal status for hundreds of thousands of immigrants, potentially leading to a decline in job growth [5] - Recent data from ADP indicated that the private sector added only 37,000 jobs in May, the lowest in over two years, while initial jobless claims reached the highest level since October 2024 [5] - The number of continuing claims for unemployment benefits is hovering near the highest level in nearly four years, suggesting signs of a slowdown in the job market [5]

金十数据6月6日讯，机构分析师就美国非农报告表示，失业率保持稳定，工资增长超出预期，工资时薪 小幅上涨，这将平息人们对劳动力市场开始大幅放缓的担忧。5月就业人数增幅超过预期中值，但前两 个月的累计下修为95,000人，远远抵消了5月超出预期的影响。分析师指出，制造业就业人数减少8000 人并不是特朗普政府希望看到的。毫无疑问，我们将听到白宫经济团队发出预测，即随着包括苹果在内 的许多公司承诺在美国的投资开始，这种情况将会好转。 分析师：美国失业率保持稳定 劳动市场大幅放缓的担忧将平息 ...

美国劳工统计局：在主要劳动者群体中，成年男性（3.9%）、成年女性（3.9%）、青少年（13.4%）、 白人（3.8%）、黑人（6.0%）、亚裔（3.6%）、拉美裔（5.1%）的失业率变化不大或没有变化。 ...

Core Insights - The U.S. non-farm payrolls increased by 139,000 in May, surpassing market expectations of 130,000, although the previous month's figure was revised down to 147,000, indicating a slowdown in job growth [1] - The unemployment rate remained steady at 4.2% for the third consecutive month, which may provide the Federal Reserve with the space to delay interest rate cuts [1] - The U.S. economy needs to create approximately 100,000 jobs per month to keep pace with the growth of the working-age population, a figure that may decline due to the revocation of temporary legal status for hundreds of thousands of immigrants [1] Employment Trends - The majority of job growth this year reflects companies hoarding workers amid uncertainty over trade policies, which has hindered employers' ability to plan ahead [1] - Conservative Republican senators and figures like Elon Musk have opposed President Trump's tax and spending plans, adding another layer of uncertainty for businesses [1] - Employers' reluctance to lay off workers may lead the Federal Reserve to adopt a wait-and-see approach until the end of the year [1] Federal Reserve Outlook - Financial markets expect the Federal Reserve to maintain the benchmark overnight interest rate in the range of 4.25%-4.50% this month, with a potential return to easing policies in September [1]

智通财经6月6日电，加拿大5月失业率报7.0%，预期为7.0%。 ...