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Hi, mooers!
Welcome to the last week of the Malaysia Paper Trading Competition! If you haven't participated in the contest yet, sign up here to fight for cash rewards! If you've already signed up, read on for your chance to win!
*Eligibility: The competition is only available for new Malaysian users who haven't traded. Only 1 moomoo ID can be used to participate in the competition.
🎉First off, congratulations to the top 10 mooers who t...
Welcome to the last week of the Malaysia Paper Trading Competition! If you haven't participated in the contest yet, sign up here to fight for cash rewards! If you've already signed up, read on for your chance to win!
*Eligibility: The competition is only available for new Malaysian users who haven't traded. Only 1 moomoo ID can be used to participate in the competition.
🎉First off, congratulations to the top 10 mooers who t...
![Last Call: 3 days left to join the paper trading competition!](https://sgsnsimg.moomoo.com/sns_client_feed/101000106/20240730/1722334897678-856c92f1b3.png/thumb?area=104&is_public=true)
![Last Call: 3 days left to join the paper trading competition!](https://sgsnsimg.moomoo.com/sns_client_feed/101000106/20240730/1722335621188-85e2cf8729.png/thumb?area=104&is_public=true)
![Last Call: 3 days left to join the paper trading competition!](https://sgsnsimg.moomoo.com/sns_client_feed/101000106/20240730/1722334897700-c0ac289a04.png/thumb?area=104&is_public=true)
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$FTSE Bursa Malaysia KLCI Index (.KLSE.GI)$
Here are some key indicators and interpretations.
1. Non-farm employment figures
Changes.
- Seasonally adjusted non-farm employment increased by 142K, lower than the expected 164K, but higher than the previous value of 89K.
- Private sector non-farm employment increased by 118K, also lower than the expected 139K, indicating a slowdown in hiring in the private sector.
- Government employment increased by 24K, higher than the previous value of 15K, indicating a relatively stable recruitment performance in the government sector.
Interpretation: Overall, the non-farm employment data is lower than expected, but has improved compared to the previous month, indicating a slowdown in the job market without significant deterioration. The growth of employment in the private sector is slightly weak, which may reflect concerns among businesses about the economic outlook.
2. Unemployment rate.
- The unemployment rate is 4.2%, consistent with expectations and slightly lower than the previous value of 4.3%. At the same time, the U6 unemployment rate (including underemployment) is 7.9%, slightly higher than the previous value of 7.8%.
Interpretation: The stability of the unemployment rate indicates that the labor market still has resilience. Although employment growth has slowed down, the unemployment rate has not increased significantly. This means that the overall condition of the labor market is still relatively stable, without serious deterioration.
3. Wage Growth
Average hourly wages increased by 0.4% month-on-month, higher than the expected 0.3%.
Average hourly wages increased by 3.8% year-on-year, slightly higher than...
Here are some key indicators and interpretations.
1. Non-farm employment figures
Changes.
- Seasonally adjusted non-farm employment increased by 142K, lower than the expected 164K, but higher than the previous value of 89K.
- Private sector non-farm employment increased by 118K, also lower than the expected 139K, indicating a slowdown in hiring in the private sector.
- Government employment increased by 24K, higher than the previous value of 15K, indicating a relatively stable recruitment performance in the government sector.
Interpretation: Overall, the non-farm employment data is lower than expected, but has improved compared to the previous month, indicating a slowdown in the job market without significant deterioration. The growth of employment in the private sector is slightly weak, which may reflect concerns among businesses about the economic outlook.
2. Unemployment rate.
- The unemployment rate is 4.2%, consistent with expectations and slightly lower than the previous value of 4.3%. At the same time, the U6 unemployment rate (including underemployment) is 7.9%, slightly higher than the previous value of 7.8%.
Interpretation: The stability of the unemployment rate indicates that the labor market still has resilience. Although employment growth has slowed down, the unemployment rate has not increased significantly. This means that the overall condition of the labor market is still relatively stable, without serious deterioration.
3. Wage Growth
Average hourly wages increased by 0.4% month-on-month, higher than the expected 0.3%.
Average hourly wages increased by 3.8% year-on-year, slightly higher than...
Translated
![USA August nonfarm employment report.](https://sgsnsimg.moomoo.com/sns_client_feed/104645381/20240906/58c356a5fa6dac5ebd22bac7d5f234a2.jpg?area=104&is_public=true)
![USA August nonfarm employment report.](https://sgsnsimg.moomoo.com/sns_client_feed/104645381/20240906/f221ad7016a3b0b5455623557e4d3309.jpg?area=104&is_public=true)
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