October 2023 Jobs Report: Validating the ‘Wait & See’ Approach
By Nick Bunker - November 3, 2023
Key Points: Today’s jobs report is consistent with both a mild loosening of the labor market on the way to a soft landing, and potentially the beginning of a more troubling downturn. But it’s important not to overreact. Patience is the order of the day. Payrolls are still growing at a solid clip...