Key facts
- Treasury Secretary Scott Bessent expressed a wish for the jobs report to have been released today.
- Bessent stated he has no prior knowledge of the upcoming job data.
- The US jobs report is scheduled for release tomorrow at 8:30 AM ET.
- Nonfarm payrolls are expected to rise by 85,000, down from 115,000 last month.
- The unemployment rate is expected to remain unchanged at 4.3%.
Treasury Secretary Scott Bessent stated that he wished the jobs report had been released today, while also asserting that he has no prior knowledge of the upcoming data. The US jobs report is scheduled for release tomorrow at 8:30 AM ET. Expectations are for nonfarm payrolls to rise by 85,000, a decrease from the 115,000 reported last month. The unemployment rate is anticipated to remain steady at 4.3%. The author of the article suggests Bessent may have misspoke and implies a lack of oversight and potential for insider trading.
