Experts Anticipate Decent Monthly Jobs Report
It’s hard to believe another month has come and gone but alas, we’re on the cusp of hearing about yet another monthly jobs report by the Department of Labor.
According to Reuters, the outlook looks decent. Anticipating approximately 218,000 new jobs to payrolls, that’s above average. Moody’s Analytics senior economist Ryan Sweet told Reuters, “It would be consistent with a noticeable acceleration in growth.”
While experts are forecasting a slight increase in the jobless rate, apparently there’s a silver lining.
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