Reported 2 days ago
The upcoming February jobs report is expected to indicate an increase in hiring, projecting a rise of 160,000 nonfarm payrolls while maintaining the unemployment rate at 4%. This report arrives amid market concerns over economic growth in the U.S., with recent weak data leading to speculations of potential Federal Reserve interest rate cuts. Economists suggest that while a solid jobs report could support market stability, any unexpected decline could provoke a significant reaction from investors.
Source: YAHOO