Limp Jobs Report May Show a Market About to Climb, or Slide

This is Washington Edition, the newsletter about money, power and politics in the nation’s capital. Today, senior US economy reporter Enda Curran looks at the ramifications of this morning’s jobs report. Sign up here and follow us at @bpolitics. Email our editors here.

Call it a “no-hire labor market.”

That’s how economists at Morgan Stanley reacted after disappointing employment data released today ignited concerns that the jobs market is looking to be much weaker than expected.