October jobs report came in slightly better than expected. Unemployment ticked down to 4.1% from 4.2% the month before. Consensus was looking for it to hold at 4.2%.
Not a game-changer, but a small signal that the labor market isn't deteriorating as fast as some feared. Still worth watching how this holds up into year-end.
Not a game-changer, but a small signal that the labor market isn't deteriorating as fast as some feared. Still worth watching how this holds up into year-end.