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globalreutersNovember 4, 20241 Mins read
US: A big October NFP miss solidifies November FOMC rate cut expectations – UOB Group
globalreutersNovember 4, 20241 Mins read The latest US Employment Situation report by the Bureau of Labor Statistics (BLS) last Friday (1 November) turned in a much weaker jobs creation and an unchanged unemployment rate, as weather events (Hurricanes Helene and Milton) and strike activity in manufacturing peppered the US labor market outlook, UOB Group’s Senior Economist Alvin Liew notes.
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