End of Hot-or-Cold U.S. Payrolls Shifts Focus to Wages, Slack

  • Pay gains slow while number of part-time workers rises
  • Measures could help determine path of Fed interest rate

Understanding the Volatility in U.S. Jobs Report

U.S. job growth has swung from too cold, to too hot, to just right. Now the question is whether other labor-market measures such as wages and participation will warm up.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.