The boiling point of the US labour market
Alternative employment data points to a sharp slowdown ahead of Friday's official employment report. ADP reports private sector employment growth of 37K, the lowest since March 2023 and well below the 6- and 12-month averages of around 150K.
Judging by this indicator, the US private sector labour market may be close to boiling point, where it was last seen for about a year from the first quarter of 2019 when the increase was barely noticeable. Employment is close to full capacity, but this is not causing wage growth to accelerate or fuelling inflation.
——————
FxPro. Trade Like a Pro. | Subscribe | Boost
Alternative employment data points to a sharp slowdown ahead of Friday's official employment report. ADP reports private sector employment growth of 37K, the lowest since March 2023 and well below the 6- and 12-month averages of around 150K.
Judging by this indicator, the US private sector labour market may be close to boiling point, where it was last seen for about a year from the first quarter of 2019 when the increase was barely noticeable. Employment is close to full capacity, but this is not causing wage growth to accelerate or fuelling inflation.
——————
FxPro. Trade Like a Pro. | Subscribe | Boost
FxPro News
Forex - The boiling point of the US labour market | Market Overview June 4, 2025
Alternative employment data points to a sharp slowdown ahead of Friday's official employment report. ADP reports private sector employment growth of ...
🗓 Economic Calendar at 2025/06/05 (GMT)
[Updated in real time]
01:45
🇨🇳 Markit Services PMI — Exp: 51.0 Actual: 51.108:30
🇬🇧 Construction PMI — Exp: 47.4 Actual: 47.912:15
🇪🇺 ⚡️ ECB Interest Rate Decision — Exp: 2.15% Actual: 2.15%12:15
🇪🇺 Deposit Facility Rate — Exp: 2.00% Actual: 2.00%12:15
🇪🇺 Marginal lending facility — Exp: 2.40% Actual: 2.40%12:30
🇺🇸 ⚡️ Unemployment Claims — Exp: 236K Actual: 247K12:30
🇺🇸 Continuing Claims — Exp: 1910K Actual: 1904K12:30
🇺🇸 Trade Balance — Exp: -67.6B Actual: -61.6B12:30
🇨🇦 Trade Balance — Exp: -1.4B Actual: -7.1B12:45
🇪🇺 ⚡️ ECB Press Conference14:00
🇨🇦 Ivey PMI — Exp: 48.3 Actual: 48.9 | 53.816:00
🇺🇸 FOMC Member Adriana D. Kugler Speaks[Updated in real time]
FxPro News
Forex - Economic Calendar
The FxPro News forex economic calendar is a handy tool for forecasting potential volatility on currency rates, as well as other assets. The basic log...
Platinum Wave Analysis – 4 June 2025
- Platinum reversed from support zone
- Likely to rise to resistance level 1100.00
——————
FxPro. Trade Like a Pro. | Subscribe | Boost
- Platinum reversed from support zone
- Likely to rise to resistance level 1100.00
——————
FxPro. Trade Like a Pro. | Subscribe | Boost
FxPro News
Forex - Platinum Wave Analysis – 4 June 2025 | Technical analysis June 5, 2025
Platinum: ⬆️ Buy - Platinum reversed from support zone - Likely to rise to resistance level 1100.00 Platinum recently reversed up fr...
Uniswap coin Wave Analysis – 4 June 2025
Uniswap coin: ⬇️ Sell
- Uniswap coin reversed from resistance level 7.00
——————
FxPro. Trade Like a Pro. | Subscribe | Boost
Uniswap coin: ⬇️ Sell
- Uniswap coin reversed from resistance level 7.00
——————
FxPro. Trade Like a Pro. | Subscribe | Boost
FxPro News
Forex - Uniswap coin Wave Analysis – 4 June 2025 | Technical analysis June 5, 2025
Uniswap coin: ⬇️ Sell - Uniswap coin reversed from resistance level 7.00 - Likely to fall to support level 5.640 Uniswap coin recent...
⚠️ EU — ECB Interest Rate Decision at 03:00 GMT
✔️ Prev: 2.40%
🕒 Exp: 2.15%
🎯 Fact.: 2.15%
✔️ Prev: 2.40%
🕒 Exp: 2.15%
🎯 Fact.: 2.15%
⚠️ USA — Unemployment Claims at 03:00 GMT
✔️ Prev: 239K
🕒 Exp: 236K
🎯 Fact.: 247K 📉
✔️ Prev: 239K
🕒 Exp: 236K
🎯 Fact.: 247K 📉
Costco Wave Analysis – 5 June 2025
- Costco reversed from the resistance zone
- Likely to fall to support level 985.00
——————
FxPro. Trade Like a Pro. | Subscribe | Boost
- Costco reversed from the resistance zone
- Likely to fall to support level 985.00
——————
FxPro. Trade Like a Pro. | Subscribe | Boost
FxPro News
Forex - Costco Wave Analysis – 5 June 2025 | Technical analysis
Costco: ⬇️ Sell - Costco reversed from the resistance zone - Likely to fall to support level 985.00 Costco recently revers...
Dogecoin Wave Analysis – 5 June 2025
Dogecoin : ⬇️ Sell
- Dogecoin broke key round support level 0.2000
——————
FxPro. Trade Like a Pro. | Subscribe | Boost
Dogecoin : ⬇️ Sell
- Dogecoin broke key round support level 0.2000
——————
FxPro. Trade Like a Pro. | Subscribe | Boost
FxPro News
Forex - Dogecoin Wave Analysis – 5 June 2025 | Technical analysis
Dogecoin : ⬇️ Sell - Dogecoin broke key round support level 0.2000 - Likely to fall to support level 0.1600 Dogecoin cryptocurrency ...
🗓 Economic Calendar at 2025/06/06 (GMT)
[Updated in real time]
09:00
🇪🇺 Gross Domestic Product — Exp: 0.3% | 1.2% Actual: 0.6% | 1.5%10:30
🇷🇺 ⚡️ Key bank rate — Exp: 21% Actual: 20%12:30
🇺🇸 ⚡️ Non-Farm Employment Change — Exp: 127K Actual: 139K12:30
🇺🇸 ⚡️ Unemployment Rate — Exp: 4.2% Actual: 4.2%12:30
🇺🇸 Average Hourly Earnings — Exp: 0.3% | 3.7% Actual: 0.4% | 3.9%12:30
🇺🇸 Change in Private Payrolls — Exp: 110K Actual: 140K12:30
🇨🇦 ⚡️ Employment Change — Exp: -11.9K Actual: 8.8K12:30
🇨🇦 ⚡️ Unemployment Rate — Exp: 7.0% Actual: 7.0%12:30
🇨🇦 Part-Time Employment Change Actual: 57.7K | -48.8K[Updated in real time]
FxPro News
Forex - Economic Calendar
The FxPro News forex economic calendar is a handy tool for forecasting potential volatility on currency rates, as well as other assets. The basic log...
Tesla Wave Analysis – 5 June 2025
- Tesla broke the support zone
- Likely to fall to support level 260.00
——————
FxPro. Trade Like a Pro. | Subscribe | Boost
- Tesla broke the support zone
- Likely to fall to support level 260.00
——————
FxPro. Trade Like a Pro. | Subscribe | Boost
FxPro News
Forex - Tesla Wave Analysis – 5 June 2025 | Technical analysis June 6, 2025
Tesla: ⬇️ Sell - Tesla broke the support zone - Likely to fall to support level 260.00 Tesla recently broke the support zo...
Bitcoin Wave Analysis – 5 June 2025
- Bitcoin broke support zone
- Likely to fall to support level 98,000.00
——————
FxPro. Trade Like a Pro. | Subscribe | Boost
- Bitcoin broke support zone
- Likely to fall to support level 98,000.00
——————
FxPro. Trade Like a Pro. | Subscribe | Boost
FxPro News
Forex - Bitcoin Wave Analysis – 5 June 2025 | Technical analysis June 6, 2025
Bitcoin: ⬇️ Sell - Bitcoin broke support zone - Likely to fall to support level 98,000.00 Bitcoin cryptocurrency recently broke...
⚠️ USA — Non-Farm Employment Change at 03:00 GMT
✔️ Prev: 147K
🕒 Exp: 127K
🎯 Fact.: 139K 📈
———
⚠️ USA — Unemployment Rate at 03:00 GMT
✔️ Prev: 4.2%
🕒 Exp: 4.2%
🎯 Fact.: 4.2%
———
⚠️ Canada — Employment Change at 03:00 GMT
✔️ Prev: 7.4K
🕒 Exp: -11.9K
🎯 Fact.: 8.8K 📈
———
⚠️ Canada — Unemployment Rate at 03:00 GMT
✔️ Prev: 6.9%
🕒 Exp: 7.0%
🎯 Fact.: 7.0%
✔️ Prev: 147K
🕒 Exp: 127K
🎯 Fact.: 139K 📈
———
⚠️ USA — Unemployment Rate at 03:00 GMT
✔️ Prev: 4.2%
🕒 Exp: 4.2%
🎯 Fact.: 4.2%
———
⚠️ Canada — Employment Change at 03:00 GMT
✔️ Prev: 7.4K
🕒 Exp: -11.9K
🎯 Fact.: 8.8K 📈
———
⚠️ Canada — Unemployment Rate at 03:00 GMT
✔️ Prev: 6.9%
🕒 Exp: 7.0%
🎯 Fact.: 7.0%
EURUSD Wave Analysis – 6 June 2025
- EURUSD reversed from the resistance zone
- Likely to fall to support level 1.1350
——————
FxPro. Trade Like a Pro. | Subscribe | Boost
- EURUSD reversed from the resistance zone
- Likely to fall to support level 1.1350
——————
FxPro. Trade Like a Pro. | Subscribe | Boost
FxPro News
Forex - EURUSD Wave Analysis – 6 June 2025 | Technical analysis
EURUSD: ⬇️ Sell - EURUSD reversed from the resistance zone - Likely to fall to support level 1.1350 EURUSD currency pair recent...
USDJPY Wave Analysis – 6 June 2025
- USDJPY reversed from the support area
- Likely to rise to the resistance level 146.00
——————
FxPro. Trade Like a Pro. | Subscribe | Boost
- USDJPY reversed from the support area
- Likely to rise to the resistance level 146.00
——————
FxPro. Trade Like a Pro. | Subscribe | Boost
FxPro News
Forex - USDJPY Wave Analysis – 6 June 2025 | Technical analysis
USDJPY: ⬆️ Buy - USDJPY reversed from the support area - Likely to rise to the resistance level 146.00 USDJPY currency pair rec...
🗓 Economic Calendar at 2025/06/07 (GMT)
[Updated in real time]
07:30
🇪🇺 ECB President Christine Lagarde Speaks[Updated in real time]
FxPro News
Forex - Economic Calendar
The FxPro News forex economic calendar is a handy tool for forecasting potential volatility on currency rates, as well as other assets. The basic log...