- Jobs report raises questions on whether or not the US is having a productiveness pickup
- “We wouldn’t want to make much of any one month, but the continued strength of the labor market, if that continues, would lessen my worry that the job market side of our mandate is deteriorating,”
- regardless of the brisk hiring numbers, weak spot in general hours labored means that “this wasn’t as strong as that headline number suggested.”
- The longer the financial system continues to develop and add jobs solidly with declining inflation, the extra that Fed officers might should revise their view concerning the potential for extra noninflationary development as a result of beneficial properties in employee productiveness
This text was written by Adam Button at www.forexlive.com.
