âThis is good news; much better than expected.""In our survey, economists were looking for [the unemployment rate] to climb up to 4.3 â It comes in at 4.1.""Jobless claims â Much lower than expected."
Video transcript
And this is good news much better than expected an upside surprise on headline payrolls 147 the estimate 106 The unemployment rate was at 4.2 in our survey economists were looking for that to climb up to 4.3 It comes in at 4.1 and if you want some high frequency data or at least some higher frequency data Jobless claims much lower than expected across the board here in the labor market. This is a pretty solid read
Transcribed automatically. Expect errors in names and numbers.