Stocks end week on a downbeat note after disappointing jobs report — Five experts on what’s next

Stocks end week on a downbeat note after disappointing jobs report — Five experts on what’s next

Stocks on a dour note after a disappointing August jobs report. Nonfarm payrolls rose by , less than half the gain of 720,000 expected. Economists had forecast to match previous months of robust recovery, but delta variant concerns and labor supply issues weighed on the economy. Here are five experts on what this means for the 's tapering timeline and the U.S.' economic recovery in the months to come. Kate Moore, head of thematic strategy for BlackRock's Global Allocation investment team, says it's part of the broader supply chain issue. "We just don't have supply of the workers. We don't have supply whether it's in the supply chain, inventories across a variety of different industries. This is something that companies have been talking about consistently over the course of the summer. They talked about it during earnings calls ... And there does really seem to be a limitation or at least a headwind to progression in economic growth due to supply-side constraints. If it was demand side, I think I would be more worried and more concerned about how the equity market would interpret it." Nela Richardson, chief economist at ADP, is looking for growth at one end of the