What to Hope For in the November U.S. Jobs Report

From bloombergquint.com

One of the many casualties of the recent market turmoil could be the longstanding alignment of the economy, markets and the Federal Reserve when it came to the monthly employment report. Although the data for November, which will be released Friday, are likely to indicate a continuation of the robust job creation, there may be less alignment when it comes to wage growth. That possibility would make a third indicator — labor-force participation — even more consequential. A year ago, when financial markets were strong and there were high hopes for a synchronized global pickup in growth, the trio of the economy, markets and central banks ... (full story)