Russell Investments: U.S. employment data may indicate that the labor market remains strong
2026-11-04 14:50:07
According to CoinMeta, Russell Investments' senior investment strategist Beichen Lin stated in a report that if the number of new jobs created in the United States in October reaches 65,000, it will still clearly indicate that the U.S. labor market remains strong. The U.S. employment report for October will be released on Friday, and this forecast is slightly higher than the 59,000 expected by economists in a Wall Street Journal survey. He pointed out that although ongoing energy shocks have driven inflation up, wage growth has been relatively modest, and the distribution of employment growth across industries is more widespread than in 2024, there are still a few industries that play a key role.
Source:Jin10 Data
This content is for market information only and does not constitute investment advice.
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