EPISODE · Dec 11, 2023 · 2 MIN
Unemployment rate falls to 3.7% | Morning Markets
from True Potential Morning Markets · host True Potential
Last week ended with the customary release of the US jobs report. The detail in the report was better than expected, with a 199k increase in payrolls for November and the unemployment rate falling to 3.7% in November. From the Federal Reserve’s perspective, will the average hourly earnings increase of 4.0% year on year influence the interest rate decision this week?
What this episode covers
Last week ended with the customary release of the US jobs report. The detail in the report was better than expected, with a 199k increase in payrolls for November and the unemployment rate falling to 3.7% in November. From the Federal Reserve’s perspective, will the average hourly earnings increase of 4.0% year on year influence the interest rate decision this week?
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Unemployment rate falls to 3.7% | Morning Markets
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