Strategist: December May Mark a Turning Point for the U.S. Labor Market
Svmuu News: Brian Jacobsen, Chief Economic Strategist at Annex Wealth Management, commented on the U.S. nonfarm payrolls report: "Apart from the healthcare sector, the types of new jobs created were quite diverse. However, the decline in weekly hours worked in manufacturing is a 'warning sign,' as this typically serves as a leading indicator." Overall, December may mark a turning point for the labor market, with some signs of improvement beginning to emerge, though this assessment remains highly uncertain. (Jin Shi)
Source:Odaily · Source Link
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