Did The Jobs Report Signal a Shift in the Economy? A Historical Look at the Jobs Report and Unemployment Rate. Trading Plan for the Week of March 13 2023
Did The Jobs Report Signal a Shift in the Economy? A Historical Look at the Jobs Report and Unemployment Rate. Trading Plan for the Week of March 13 2023
The jobs report was very interesting. I know the media has covered this in detail, but I just wanted to quickly add how I am thinking about what just happened on Friday. We all know that the headline number was higher than expected. This has been the trend for pretty much the entire last year, headline coming in higher than expectations. A number of Fed officials did say that the current run-rate is just too high for the US economy. I think most officials at the Fed wants to see this number at ideally sub 100k.
Great review