View full page at forexfactory.com

 

Jobs Report Will Show Delta’s Impact on U.S. as Fed Weighs Taper

From bnnbloomberg.ca

Investors will be watching Friday’s jobs report for the latest read on the health of the labor market as Federal Reserve officials debate winding down monetary support later this year. The U.S. probably added 725,000 jobs in August, a more moderate pace compared to each of the prior two months but stronger than gains seen early this year, according to the median forecast of economists surveyed by Bloomberg. A strong report would signal that businesses are having more success hiring after months of limited labor supply. But risks related to the delta variant could mean a softer-than-expected payrolls print and ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis