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 is the expected increase in average hourly earnings according to the consensus?

• 0.4%

• 0.1%

• 0.2%

• 0.3%

Which countries are mentioned as having a tight labor market but low wage growth?

• Germany, France, and Italy

• Australia, Japan, and US

• US, UK, and Canada

• China, India, and Brazil

What trend in productivity is highlighted in the US?

• Fluctuating productivity

• Increasing productivity

• Stable productivity

• Declining productivity

What is the Federal Reserve's current expectation for interest rate hikes?

• Two hikes

• Four hikes

• One hike

• Three hikes

What is a key focus for the Federal Reserve in March?

• Wage growth and inflation

• Global trade policies

• Stock market performance

• Unemployment rate

How does J Powell's handling of political questions compare to Janet Yellen's?

• Less effective

• More effective

• No difference

• Not mentioned

What is the potential challenge for J Powell as Fed Chair?

• Reducing interest rates

• Increasing employment

• Managing inflation

• Balancing different views on the committee