Friday Jobs Report to Gauge Labor Market Cooling, Informing Fed Rate Move Considerations
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Jobs report on Friday will show if labor market is cooling further, which could influence Fed's next moves on interest rates
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Wage growth has fallen to lowest level in over 2 years, showing inflationary pressures easing
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Job openings have declined significantly this year as demand for workers has cooled
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Lower gas prices, inflation expected above 2% target for another year, futures traders betting Fed will cut rates by March
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Slower but more stable job growth leading to higher worker productivity and less economywide inflationary pressure