The jobs report was a relief, not a revelation

Quick Summary:

A couple more good jobs reports and a gentle dip in wages, and Unhedged will be ready to join the celebration.

One factor that still nags is wage growth, which has been stuck at 4 per cent, a percentage point above the pre-pandemic trend, for six months now.

What we got from the jobs report is confirmation of what a lot of other data has been suggesting.

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Article Details

Author / Journalist: Robert Armstrong

Category: MarketsFinanceInvesting

Markets: United States

Topics: Report Been Last Point Basis Rates Month Inflation Jobs Yields Good

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-07 @ 05:30:36 (11 hours ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 945 words

Reading Time: 6 minutes read

Sentences: 49 lines

Sentence Length: 20 words per sentence (average)

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

Copyright Owner: © Financial Times

News ID: 22917966

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About Financial Times

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

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Year Established: 1888

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

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