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.

Pause
Embed

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

This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories: economy

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

Today’s Shows

11:00 AM

Best of Enterprise

(REPEAT) Why is succession planning a board's duty, not just an HR task? ICDM's Michele Kythe Lim and Tunku Alizakri discuss building a leadership pipeline.

12:00 PM

BBC World Service

(REPEAT) This week on Science in Action, stories on how scientists are tracking Atlantic ocean circulation with satellites, studying ancient proteins to understand life’s history, rethinking an old Australian crater’s impact, and highlighting Arthur Ruhlig’s forgotten work in fusion science.

1:00 PM

A Bit of Culture

(REPEAT) Kam Raslan, Zan Azlee and Mikey Gong get together to talk about cashless society, mathematics and nostalgia in TV shows and films!

2:00 PM

Ringgit & Sense

(REPEAT) Felix Neoh, Director of Financial Planning at Finwealth Management talks about the OPR how it affects your finances.

2:30 PM

The Property Show

(REPEAT) Adrianta Aziz of the Malaysian Institute of Architects (PAM) discusses what defines sustainable architecture.

3:00 PM

Best of The Bigger Picture

(REPEAT) We unpack an important new report by IMAN Research, detailing the political views of the Malay youth -- what they're worried about, how they feel about multiculturalism and Islam in politics -- and how we can build stronger inter-ethnic relationships.

4:00 PM

Best of Evening Edition

(REPEAT) Governments are worried about falling birth rates, but are they missing the bigger picture? ARROW’s Sivananthi Thanenthiran joins us to talk about rights, realities, and why people must come before policies.

5:00 PM

BBC World Service

This episode of People Fixing the World focuses on nifty inventions that are helping save the lives of babies and mothers during childbirth.

PROGRAMMES