According to RBC Captial’s November jobs report forecast, the unemployment rate will increase to 4% with labor force participation to remain the same. Growth in ADP’s private payroll data has also shrunk in recent months. What does this mean for the labor market at large?
RBC Capital Markets US Economist Michael Reid joins Yahoo Finance’s Diane King Hall to discuss his forecast and what this could mean for the labor market and the Federal Reserve’s monetary policy going forward.
“We’re looking for the headline payroll gain to come in around 185,000. But, We are looking for the unemployment rate to tick up to 4%. That would be in line with what we saw with the continued claims number ticking up throughout November,” Reid says, following up: “I think for the Fed, they’re still keeping an eye on inflation. We don’t expect them to turn their focus to labor just yet. We need inflation to come down much more in line with their target.”
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Boycott any company that layoff people just before Christmas!…That sihit ruins childhoods!
Who cares about childhoods. They need to layoff as much as they can. I need home prices to go down.
👍👍.I’ve been quite unsure about investing in this current market and at the same time I feel it’s the best time to get started on the market. i was at a seminar and the host spoke about making over $972,000 within 3 Months with a capital of $200,000. I just need creative ideas to afford my retirement.
I’ll advise you to work with a financial advisor. Definitely a good time to invest in stocks, Gold, silver and digital currencies(BTC, ETH.XRP).
After watching so many tutorials about trading I was still making loses until Nick Dranchak started managing my investment’s now I make $18,567 weekly
Yes I Agree, I’ve been talking to NICK DRANCHAK for long now, mostly because I lack the knowledge and energy to deal with these ongoing market circumstances. there are more aspects of the market than the average individual is aware of. Having an investing counselor is now the best line of action, especially for those who are close to retiring
I also follow the guidelines of Mr Nick invested $88,000 in Bitcoin, making 15% – 20% every week. unlike I can say for my IRA which has just been trudging along
HOW ! I know it’s possible , I would appreciate if you show me how to go about.
any colabs anytime soon?
For salary earners having a passive source of income is the best thing you could have, because aside the fact that it isn’t always enough you could lose your job any day at any time, having something to fall back to is crucial, for me it is trading the crypto and stock market and yes I didn’t have that much knowledge to begin to earn that’s why I said passive income, I leave the profit making to the pro like my Advisor ‘Margaret Johnson Arndt’ , who has been doing a wonderful job.
Investor should exercise caution with their exposure and exercise caution when considering new investment, particularly during period of inflation, it’s advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields
This is superb! information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor?
Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $489k in just the past two quarters. this experience has shed light on why experience traders are able to generate substantial return even in lesser -known market. It’s safe to say that this bold decision has been one of the most impactful choices I have made recently
I discovered Margaret Johnson Arndt as my consultant through a BBC interview where she was featured. I reached out to her afterward, and she has been providing me with entry and exit points on the securities I focus on. You can look her up online, I follow her trade pattern