New York CNN —Don’t be surprised if Friday’s jobs report shows that February’s employment gains were far below those reported for January.
In fact, it would continue a history-making stretch of labor market expansion.
Friday’s jobs report could very well provide a more reliable read on what’s actually happening in the labor market than the jobs reports of recent months’ past, Julia Pollak, chief economist at ZipRecruiter, told CNN.
“And so, February might give us a better understanding of the underlying rate of job growth,” she said.
What the other labor market data is showingOther economic data released this week reinforces the idea that the US labor market is cooling but remains on solid footing.
Persons:
New York CNN — Don’t, Julia Pollak, autoworkers, what’s, hasn’t, Nixon, ” Ron Hetrick, Gus Faucher, stayers ”, Faucher, ”, ” Nela Richardson, outplacement, ” Andrew Challenger, Lydia Boussour, EY, “
Organizations:
New, New York CNN, CNN, of Labor Statistics, PNC Financial Services, BLS, Labor, Boomers, ADP, Challenger, ”, Labor Department
Locations:
New York, US