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Brad Olsen: Where does the US jobs report leave us?

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Newstalk ZB ,
Publish Date
Mon, 13 Jan 2025, 9:41am

Brad Olsen: Where does the US jobs report leave us?

Author
Newstalk ZB ,
Publish Date
Mon, 13 Jan 2025, 9:41am

The strong US jobs report is out and raising questions about further interest rate cuts.

A quarter of a million jobs were added to the market in December, causing the unemployment rate to drop to 4.1%.

As employment rose stock prices fell as a result of such strong labour market data.

Economist Brad Olsen joins the show to discuss how this will affect New Zealand, the Prime Ministers trip to the UAE and oil prices rising 3% over the weekend.

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