Cato Expert Discusses December Jobs Report
Jai Kedia Cato Institute Research Fellow Jai Kedia is available for interviews regarding this morning’s December jobs report. Kedia issued the following statement in reaction: “The latest jobs report revealed significantly higher-than-expected job growth, with nonfarm payrolls rising by 256,000—far surpassing the Dow Jones consensus forecast of 155,000. However, these month-to-month fluctuations continue to have outsized effects on financial markets, which remain heavily influenced by the Federal Reserve’s policy decisions. The stock market’s reaction was swift, with the S&P […]