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A whiff of moderation as Fed hurtles to 50 point hike

NAB Morning Call

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Yazi Labor Force Numbers Back on Tuesday, Looks So Longer Than Expectation

The labor force numbers back on th Thursday seem so long ago now, doesn't it? And they were a bit weaker than expected, but i guess we shouldn't be too alarmed, because the weather hasn't been too great. The keyeating there is teonly poyment rate over all is at four %, equal o since 19 74. O does suggest a fairly tight labour market there. It seems like despite the lock downs, although actually these numbers are largely before the lock down, they're still producing, just not buying.

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