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Crucial US Jobs Report Could Test Fed's Resolve, Bitcoin's Resilience

CoinDesk LogoCoinDesk1 mo ago

Crucial US Jobs Report Could Test Fed's Resolve, Bitcoin's Resilience - CoinDesk

Quick Summary:

Friday's report from the U.S.

Labor Department on nonfarm payrolls is expected to show an addition of 250,000 jobs in September, in a slowdown from the 315,000 reported for August.

According to FactSet, economists expect an increase of 250,000 jobs in September, in a slowdown from the 315,000 reported for the month prior.“The employment number is the most important economic indicator,” said John Silvia, a former chief economist for Wells Fargo who founded Dynamic Economic Strategy.


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Article Details

Author / Journalist: Helene Braun

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-10-05 @ 19:57:42 (1 months ago)

News Timezone: GMT -5:00

Ranking: #795 (out of 3201 stories this day)

News Source URL: coindesk.com

Language: English

Article Length: 1079 words

Reading Time: 6 minutes read

Sentences: 42 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinDesk

News ID: 746578

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Main Topics: Crypto

Official Website: coindesk.com

Update Frequency: 30 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

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Publisher ID: #8

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