Nonfarm Payrolls Show Abysmal U.S. Job Growth as Oil Futures Spike

Published on
October 8th, 2021
Duration
32 minutes

Markets Rallying Hard While Debt Limit Increases by $480 Billion


Nonfarm Payrolls Show Abysmal U.S. Job Growth as Oil Futures Spike

Daily Briefing ·
Featuring Jared Dillian and Jack Farley

Published on: October 8th, 2021 • Duration: 32 minutes

The U.S. nonfarm payrolls data revealed that a mere 194,000 jobs were added in September, a major miss on the 500,000 median estimate and the slowest month in U.S. job growth so far in 2021. Meanwhile, U.S. crude futures peaked at $80 a barrel, the highest it's been since November 2014, as energy supply remains tight. Tune in to hear Jared Dillian's thoughts on this week's volatile price action, slowing economic growth, and the global energy crisis. Interviewed by Jack Farley. Want to submit questions? Drop them right here on the Exchange: https://rvtv.io/3FxQZr8

Comments

Transcript