Jobs Report Friday Could Spook Markets If Labor Market Stays Tight
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Jobs report Friday could impact markets if labor market remains tight, worrying Fed may keep rates high.
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Economists expect 170,000 new jobs in September. Significantly more could spook stock market.
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Job openings rose in August, sparking fears of another stock slide if Friday's report is also strong.
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Banks like Goldman Sachs and Citi forecasting even higher job growth of 200,000-240,000 for September.
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Markets watching wages and labor force participation too. Wage growth expected at 0.3%. Unemployment rate may dip to 3.7%.