TechFlow News, February 11: According to JIN10 Data, economists expect the latest nonfarm payrolls report to show nearly stagnant job growth in January, with the unemployment rate projected to remain stable at 4.4%. Additionally, traders will closely monitor a batch of revised data released by the Bureau of Labor Statistics, which may reveal the true state of the U.S. labor market and economy. Krishna Guha, Head of Economic and Central Bank Strategy at Evercore ISI, stated: “Given data adjustments following the government shutdown and fundamental uncertainties surrounding the economy, it is currently difficult to accurately gauge the precise trajectory of labor market data.” He added: “The relationship between economic growth and employment appears to be weakening… Partly due to uncertainty, and we believe another part may also stem from certain long-term impacts of artificial intelligence on the labor market.”
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