-
Friday’s jobs report is expected to be solid, but delta variant raises downside risk
August’s employment report is expected to show another strong month for hiring, but it could also give a glimpse at how the Covid-19 delta variant has impacted the economy. The jobs report, set for release Friday at 8:30 a.m. ET, is also expected to provide critical guidance for the Federal Reserve in its process of deciding when to begin trimming its bond purchases. According to Dow Jones, economists expect 720,000 payrolls were added in August. That would be a strong number, but down from the 943,000 in July. The unemployment rate is expected to have slipped to 5.2% from 5.4%, and average hourly earnings are ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Sep 3, 2021 8:38am Sep 3, 2021 8:38am
- MrFanciful
- Joined Mar 2021 | Status: Member | 14 Comments
- Comment #2
- Quote
- Sep 3, 2021 8:42am Sep 3, 2021 8:42am
- Salvo
- | Joined Dec 2011 | Status: Member | 9 Comments
- Comment #3
- Quote
- Sep 3, 2021 10:29am Sep 3, 2021 10:29am
- Micc23
- | Joined May 2017 | Status: Member | 848 Comments