U.S. Job Growth Seen Rebounding, Boosting Odds of Another Fed Rate Hike

Bloomberg reported that expectations for a rebound in U.S. **job growth** are strengthening the case for another **rate hike** by the Federal Reserve. If October **nonfarm payrolls** rise and the **unemployment rate** holds steady, while other **labor-market indicators** support job stability, the likelihood of additional Fed **tightening** would increase. Even as economists point to rising **job losses** and weakening labor-market **momentum**, **manufacturing data**, **trade figures**, and **third-quarter productivity growth** are likely to serve as key gauges of the U.S. economy’s underlying strength.