05/06/2026
NFP Preview
The job market is slowing down a bit—but it’s not falling apart.
What really matters this time? Not just the headline number… but wages and unemployment.
The Fed isn’t too worried about jobs right now—they’re still focused on inflation.
No matter how the report comes in, markets could feel pressure either way.
Best-case scenario?
👉 Steady hiring + cooling wages
📌 This isn’t a “perfect outcome” type of report.