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What Economists Expect From Trump's First Jobs Report

1. January jobs report due Friday shows weak labor growth expectations. 2. Non-farm payrolls projected to increase by 170,000, lowest since 2018. 3. Unemployment rate expected to stay at 4.1%, signaling steady job market. 4. Average hourly wages anticipated to rise by 3.8%, lowest growth since July. 5. Weather factors may reduce job additions by 40,000 amidst wildfires and winter storms.

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FAQ

Why Bearish?

The weak job growth and stagnant unemployment may hinder investor confidence, similar to past reports causing declines.

How important is it?

The jobs report is crucial for determining economic health, impacting S&P 500 investor sentiment significantly.

Why Short Term?

Immediate reactions to labor reports often lead to quick market adjustments, as seen in December's selloff.

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