Tomorrow job numbers hit the scene. It could be a big one going into the weekend.
From Yahoo here's this: Jobs. There could be some surprises, not unusual these days. We think the Fed is more dovish despite what they're than ever.
The recent session was more non-event than anything else. If they get any more behind the curve they will be in front of it.
Protect yourself at all times. That's what the referee said just before the lights went out. We think we heard that straight.
"U.S. employers likely increased their pace of hiring in October after a sluggish September, with declining COVID-19 infections and demand for workers amid widespread shortages helping bolster labor market activity.
The Labor Department is set to release its October jobs report Friday morning. Here are the main metrics expected from the report, compared to consensus estimates compiled by Bloomberg:
Change in non-farm payrolls, October: +450,000 expected, +194,000 in September
Unemployment rate: 4.7% expected, 4.8% in September
Average hourly earnings, year-over-year:nth: 0.4% expected, 0.6% in September
Average hourly earnings, year-over-year: 4.9% expected, 4.6% in September
"Non-farm payrolls are expected to show the biggest jump in a single month since July. Though payrolls have grown in every month so far in 2021, the economy remains more than 5 million jobs short of its pre-pandemic levels following plunges in employment between March and April of 2020. And the civilian labor force was still down by about 3.1 million individuals compared to February 2020 as of September."
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