Employment Report Difficult To Interpret
The U.S. employment report was relatively weak in an absolute sense, with both payroll employment and aggregate hours worked down.
However, given the weather related disturbances, the numbers weren't that bad. Since the exact impact of the weather factor is unknown, we'll have to wait until at least the next report to get a clearer picture of the underlying employment trends.
However, given the weather related disturbances, the numbers weren't that bad. Since the exact impact of the weather factor is unknown, we'll have to wait until at least the next report to get a clearer picture of the underlying employment trends.
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