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

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

With a major miss on U.S. nonfarm payrolls and U.S. crude futures peaking at $80, Jared Dillian discusses his market outlook for the rest of 2021.

Real Vision: Finance & Investing · Real Vision Podcast Network

October 9, 202135m 29s

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Show Notes

DB-Oct8,2021: 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

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