EPISODE · Oct 4, 2024 · 38 MIN
Much better than expected jobs report sends markets flying
from The Financial Exchange Show · host The Financial Exchange Network
Chuck Zodda and Mike Armstrong breakdown the jobs report that came out this morning which showed much better than expected results. Fed seen slowing rate cut pace after strong US jobs data. Middle-class wages aren’t keeping up. Some economists say policy is suppressing pay growth. US ports reopen after dockworkers end strike.
What this episode covers
Chuck Zodda and Mike Armstrong breakdown the jobs report that came out this morning which showed much better than expected results. Fed seen slowing rate cut pace after strong US jobs data. Middle-class wages aren’t keeping up. Some economists say policy is suppressing pay growth. US ports reopen after dockworkers end strike.
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Much better than expected jobs report sends markets flying
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