02|05|2024

Leading Indicator Watch | Feb. 2, 2024

labor market
AUTHOR: Kerry Hilsabeck, CFP®
TITLE:       Investment Adviser Rep
TAGS:   Jobs, Yields, Manufacturing, S&P 500, Consumer Sentiment

Jobs data surprised markets this past week. Nonfarm Payrolls (Jan) well-surpassed expectations with 353k jobs added compared to forecasts of 187k. Unemployment remains low at 3.7%.

Be sure to check out more of last week’s leading indicators here and stay tuned for Market Thoughts.

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