US Jobs Jump 115K, Smashing Estimates; Unemployment Rate Unchanged At 4.3%

US Jobs Jump 115K, Smashing Estimates; Unemployment Rate Unchanged At 4.3%

US Jobs Jump 115K, Smashing Estimates; Unemployment Rate Unchanged At 4.3% In his preview of today's NFP report, Goldman's Delta One head wrote that "NFP almost feels like a sideshow at this point. You can argue weak labor data gives a Warsh led Fed enough cover to cut, but with oil and input inflation still elevated there’s also an argument that a weakening labor market alongside a constrained Fed is actually the more difficult combination for risk assets." With that in mind, momen...

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