Tuesday, November 07, 2023
Commentary: Jobs Report Shows Cracks in Labor Market That Could Bring Down the Entire Economy
Cracks in the labor market and the broader economy continue to emerge. The October jobs report released Friday morning reveals that only 150,000 jobs were created last month, below expectations and well below the recent average. August and September job creation was revised down by more than 100,000, taking the sheen off the September jobs report.
