Part 2/8:
Last Friday, the payroll report was released, yet it failed to attract significant attention from market participants. This lack of focus can be attributed to two primary reasons: the report's age and the fact that the establishment survey, which tracks job growth, typically lags behind the reality on the ground. Meanwhile, the household survey, which saw a considerable decline in February, only managed to rebound slightly in March, hinting at deeper issues within the labor market.