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via finance.yahoo.comEconomy

Jobs report preview: US labor market described as mixed at best

FROM THE WIRE · FINANCE.YAHOO.COM

Interactive Brokers Chief Strategist Steve Sosnick joins Pras Subramanian and Brooke DiPalma on The 8:30 to discuss the upcoming US jobs reports and the affordability problem as spending outpaces income. Video Transcript 00:00 Speaker B time of year for our big jobs report…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralThe US jobs report can move rates and expectations for Fed policy.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Economists expect a gain of 65,000 jobs for October.
  2. 02The unemployment rate is expected around 4.2%.
  3. 03Wages are expected to rise 0.3% month on month, after negative September revisions.

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