Barclays: June payrolls report supports the Federal Reserve to raise interest rates

US stock market center: Exclusive offer full industry sector stocks, premarket after-hours, ETF, warrants night network real-time quotes, nightlife net Financial News February 9 news, January non-farm payrolls report from the US Labor Department reported on Friday greatly exceeded market expectations, the dollar rose after the announcement, gold and silver dramatic diving。  The report shows that in January US nonfarm payrolls added 25.70,000, much higher than market expectations of 22.80000。More importantly, the US Department of Labor on the early data were revised, the cumulative net upward revision 14.70000。Barclays analysts pointed out that three-month moving average of US non-farm employment growth reached 33.60,000, since November 1997, the highest value。  Despite strong employment growth, the unemployment rate in January rose 0.1% to 5.7%。But this is mainly the result of increased labor force participation rate。Earlier, the labor force participation rate continued to decline has caused investor concerns about the US voluntary unemployment。  Another highlight of the January employment report is the average hourly earnings rebounded strongly, rose ring 0.5%, completely cleared in December unexpectedly fell 0.2% haze。Wage pressures for the inflation outlook in the United States is crucial, so is the impact of the Fed's first rate hike point in time is an important factor。  Barclays said in a report: "pay when the January rally is likely to alleviate concerns about the decline in wage growth in the December data triggered。However, average hourly earnings up 2.2% growth rate is still relatively modest, with the fourth quarter of last year, the employment index Remuneration 2.The growth rate of roughly 3%。"Barclays believes that wage growth will accelerate to make it easier for the Fed's decision to raise interest rates, but 'not the Fed to tighten monetary policy preconditions'。  Barclays economists point out that in January employment report allows the Federal Reserve to raise interest rates in the forward-looking still valid, "the Fed continues to predict the first rate hike in June this year."。However, Barclays also acknowledged that the risk of interest rate increase after the time to push still exists, after all, falling commodity prices and slower growth in other parts of the world might make the Fed worried。(Shofu compilation)