US Jobs Report Masks Poor Services Data.

Clifford Bennett, Chief Economist, ACY Securities

09-Jan-23 07:00

US Jobs Report Masks Poor Services Data.

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America's employers added a solid 223,000 jobs in December. Although it was a decent gain, it was the lowest monthly increase in two years. Does this mean the job market has begun to cool off and what does this mean for terminal Feds Fund Rate? Also, what does a China reopening mean for the Australian dollar and its currency? For insights, we speak to Clifford Bennett, Chief Economist, ACY Securities.

Image credit: Shutterstock

Produced by: Michael Gong

Presented by: Wong Shou Ning, Chong Tjen San, Philip See

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Categories: economy

Tags: us job market, us federal reserve, china reopening, australian economy,

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