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:
