Reported 26 days ago
As the US Bureau of Labor Statistics prepares to release the October jobs report, market experts urge caution, especially following the volatility from Big Tech earnings. JPMorgan's Kelsey Barro emphasizes the unusual variation in the estimates due to factors like recent hurricanes and ongoing labor strikes, noting that while the data is pivotal for the Federal Reserve's upcoming meeting, the labor market isn't currently contributing to inflation.
Source: YAHOO