Economy

Here’s what the market will be looking for in Friday’s key jobs report

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Amazon workers deliver packages on Cyber Monday in New York, US, on Monday, Nov. 27, 2023. 

Stephanie Keith | Bloomberg | Getty Images

At a time when the economy is supposed to be slowing, Friday’s jobs report is expected to show that employers actually picked up the hiring pace in November.

Not that there’s anything wrong with that. A growing economy is a good thing, and nothing underpins that better than a solid labor market. Economists surveyed by Dow Jones expect the Labor Department to report that nonfarm payrolls expanded by 190,000 last month, up from the 150,000 in October.

But investors and policymakers have been expecting things to slow down enough to at least allow the Federal…



Source cnbc.com

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