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US Jobs Data Report to be Released on Friday




By EmploymentCrossing

 
Investors are anticipating the results from a US Jobs data report that comes out on Friday. The data will give the Fed an idea on whether or not to raise interest rates. According to an article from Reuters, Carl Lantz, a US interest rate strategist from Credit Suisse in New York, said that, “Historically the Fed doesn’t raise rates when payrolls are negative.” Reuters also cited that the monthly US payrolls report, one of the highlights of the global economic calendar, is expected to show that 75,000 jobs were lost in August.
 
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