What to Expect From the U.S. Jobs Report

The video discusses market perceptions of Janet Yellen's exit, job expectations, and the focus on average hourly earnings. It highlights global labor market trends, particularly in the US, Australia, and Japan, and the challenges of wage growth despite tight labor markets. The impact of declining productivity on inflation is analyzed, with a focus on unit labor costs. Speculations on interest rate hikes by the Fed are discussed, along with the transition from Yellen to Powell as Fed Chair, emphasizing the continuity in monetary policy and potential challenges.

What are the implications of a hawkish exit for Janet Yellen?

What is the expected number of jobs to be reported tomorrow?

How do minimum wage increases impact the labor market data?

What factors might influence the average hourly earnings data?

What is the significance of the unemployment rate in relation to wage growth?

How has the productivity trend in the US affected inflation expectations?

What challenges does the new Fed chair face compared to the previous chair?