Signs pile up of a solid and tightening labor market
FROM THE WIRE · WOLFSTREET.COM
Today: Accelerating growth of nonfarm payrolls & hourly earnings, historically low unemployment rate, very high prime-age labor force participation rate. The g...
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishStrong employment data can push bond yields higher.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Nonfarm payroll growth is accelerating.
- 02Hourly earnings are accelerating.
- 03The unemployment rate is historically low and prime-age labor force participation is very high.