# Prof. Joseph Foudy on the Labor Department's February jobs report

1 Faculty News March 6, 2015 ![New York Post logo](/sites/default/files/styles/246w/public/assets/images/con_031743.jpg?itok=0h5FlsRq)>

Excerpt from [The New York Post](http://nypost.com/2015/03/06/robust-jobs-report-pressures-yellen-to-raise-interest-rates/) -- "'The market’s negative reaction Friday tells you just how great the jobs report is,' said New York University economics professor [Joe Foudy](http://www.stern.nyu.edu/faculty/bio/joseph-foudy). 'It’s now betting on a 50-50 rate hike in June.'"

[Read more](http://nypost.com/2015/03/06/robust-jobs-report-pressures-yellen-to-raise-interest-rates/)