Tags: ALLWWCUR | BBVCOL | BIZNEWS | BUSINESS | BVCUR | BVCURZ3 | BVIEW

This Jobs Data's Messages and Implications: Mohamed A. El-Erian

Sunday, 05 Feb 2017 10:42 AM

(Bloomberg View) -- Although the headlines are likely to focus on the big "beat" of monthly employment creation (227,000 new jobs, compared with consensus expectations of 180,000), the January jobs report released Friday is much more complex and nuanced -- both in its messages and implications.

The three main messages:

This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.

 

Mohamed A. El-Erian is a Bloomberg View columnist. He is the chief economic adviser at Allianz SE and chairman of the President’s Global Development Council, and he was chief executive and co-chief investment officer of Pimco. His books include “The Only Game in Town: Central Banks, Instability and Avoiding the Next Collapse.”

 

To contact the author of this story: Mohamed A. El-Erian at melerian@bloomberg.net.

To contact the editor responsible for this story: Max Berley at mberley@bloomberg.net.

For more columns from Bloomberg View, visit http://www.bloomberg.com/view.

©2017 Bloomberg L.P.

© Copyright 2017 Bloomberg News. All rights reserved.

 
1Like our page
2Share
Headline
xx
ALLWWCUR, BBVCOL, BIZNEWS, BUSINESS, BVCUR, BVCURZ3, BVIEW, BVIEWTEAM, BVTOP, BVTOPZ3, CBRATES, CECO, CEN, COMTOP, COS, CST, DCAA, ECO, ECOFI, ELERIAN, FED, FINNEWS, FLOWCMS, G7ECOS, GOV, GOVMISC, HLNOVEL, HLNOVELTY9, INF, INFRA, MSCINAMER, MSCIWORLD, NORTHAM, NOVEL, NOVELTY9, NYX, ONWEB, OPINION, ORIGINAL, POLNEWS, READ, READ100, READ150, READ25, READ250, READ50, RULES, SENT, TAX, UNEMPLOY, US, USBNX, USECO, USGOV, BMRBSACLS, BMRBUYSIDE, BMRDISCIP, BMRECO, BMRFIR, BNALL, BNSTAFF, BNTEAMS, BON, TIMENI, CHFITAX, CHFXTAX, CREDITKEY, DC, DEBTKEY, DEVECO, ECOINDIC, ECOSTAT, TIMECO, SRCRANK5, EQUITYKEY, ESG, SPREGIONS, ESGCOUNT, ESGLABOR, ESGRES, ESGSOC, FIALL, RATESKEY4, FIRPT, FXKEY, G10MEMB, G7MEMB, GLOBALMACR, INDUSTRIAL, INDUSTRIES, INTERNAL, LABOR, RESSEARCH, RESECO, MAJOR, MARKETS, RESEARCH, MISC, PHOTO, POLIRISK, RATESKEY, FIASST, BIOINSDM, EDU, BRNEWS, REGIONFILT, LAW, EMPLAW, ESGCONTROV, LAWPRAC, MINWAGE
155
2017-42-05
Sunday, 05 Feb 2017 10:42 AM
Newsmax Inc.
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved