美国经济就像一辆开着双闪灯冲向路口的汽车：没人知道它会往哪个方向转。美国劳工统计局（BLS）于10月2日（周五）发布的数据显示，就业创造远弱于预期。这一负面信号出现在两天前发布的、远超预期的增长数据之后。
The US economy seems like a car speeding toward an intersection with its hazard lights flashing: No one can tell which way it will turn. Data released Friday, October 2, by the Bureau of Labor Statistics (BLS) show that job creation is much weaker than expected. This negative signal came just two days after the release of growth figures that were far better than anticipated.
这些统计数据与高通胀和债券市场的担忧相吻合，10年期国债收益率达到了2002年以来的最高点。与此同时，股市反弹，且理由充分：美联储（Fed）即将再次加息的前景似乎正在消退。投资者们一反常态地为坏消息欢呼，却不知如何解读好消息。
These statistics coincide with high inflation and concerns in the bond markets, where yields on 10-year Treasury bonds reached their highest point since 2002. Meanwhile, equity markets rebounded, and for good reason: The prospect of another imminent interest rate hike by the Federal Reserve (the Fed) seems to be receding. Investors are celebrating bad news for once, unsure how to interpret the good.
回到数据本身。就业数据反映了解读经济指标的困难程度。9月美国仅新增2.9万个就业岗位，远低于分析师预期的8万个。劳工统计局还下调了前几个月的数据，比之前报告的少了6万个；其中7月尤为糟糕，就业岗位减少了1万个。然而，失业率仍稳定在劳动力的4.2%。您已阅读完本文的74.07%。其余部分仅供订阅用户阅读。
Back to the numbers. The jobs data reflect just how difficult it is to interpret economic indicators. The US added only 29,000 jobs in September, well below the 80,000 analysts had expected. The BLS also revised down the figures for previous months, with 60,000 fewer jobs than previously reported; July, in particular, turned negative, with 10,000 jobs lost. The unemployment rate, however, remains steady at 4.2% of the workforce. You have 74.07% of this article left to read. The rest is forrs only.