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Payroll Report Begins Next Fed Liftoff Countdown

Here's what to look for in tomorrow's jobs report.

By Sho Chandra, Bloomberg | Updated on November 05, 2015

To say the October payrolls report will be closely watched across the world would be an understatement. It’ll be monumental.

After Friday’s release, Federal Reserve policy makers will have only one more jobs report in hand—the November data—before their final meeting of the year on Dec. 15-16. That’s when they may decide on the first interest-rate hike in almost a decade. A couple soft payrolls performances could prompt the Fed to keep the rate near zero, where it’s been since 2008.

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