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Robert Wolf points to payroll decline in latest U.S. jobs report

Robert Wolf points to payroll decline in latest U.S. jobs report
U.S. jobs miss fuels volatility risk

U.S. jobs figures came in well below expectations, with a report showing a decline of 92,000 jobs compared to forecasts for a gain of 50,000.

Robert Wolf pointed to these disappointing employment numbers alongside sharp increases in gas and oil prices—citing the impact of the Iran conflict—as factors likely to increase volatility and instability in markets.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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