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US jobs report Friday “will likely be messier than usual … recent hurricanes and strike”

A reminder that the October nonfarm payrolls report could be difficult to interpret.

Says Claudia Sahm:

  • Jobs Day will likely be messier than usual with recent hurricanes and a strike weighing temporarily on payrolls. Even with solid underlying growth the headline could look rough.
  • October will likely be tough to watch. More than ever, we must read through the details carefully.

    Beware of the scary headlines.

And concludes with the 2017 hurricane:

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Earlier:

This article was written by Eamonn Sheridan at www.forexlive.com.

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