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Major Takeaways From This Week's Employment Data

Schwab Network

English - January 06, 2023 19:01 - 8 minutes - 92.3 MB - ★★★★★ - 23 ratings
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Economists project a 4.6% unemployment rate a year from now, according to BankRate.com. Mark Hamrick discusses how the markets are lower following today's jobless claims data. He talks about the key takeaways from today's jobs data, as well as how the Fed will react to this week's employment data. He then goes over what to expect from tomorrow's jobs report. Finally, he notes the chances for a recession. Tune in to find out more about the stock market today.