The US economy added 165,000 jobs in October, according to data released Friday, beating economists' expectations (CoinDesk cites a 65,000 estimate) in what The Guardian describes as a "low-hire, low-fire" labor market. The Guardian
the GuardianUS job growth exceeds expectations in October despite economic uncertainty‘Low-hire, low-fire’ labor market shows sluggish growth but few layoffs, with an interest rate hike expected in December
Does a strong jobs number read as good news when inflation and the Middle East war are also in the picture?