The World's Largest Economy, The U.S. Adds 142,000 Jobs In August — Missing Estimates
This was one of the most important data points of the year given what happened last month…
But it’s a bit of a mixed bag.
The August payrolls figure of 142,000 missed estimates of 165,000.
Note: The last two months have been revised DOWN by -86,000 jobs.
But the unemployment rate dropped to 4.2% from 4.3%, in-line with expectations.
25bps and 50bps still on the table at the next Fed meeting.
Sahm Indicator right now at 0.57![]()
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But it’s a bit of a mixed bag.
The August payrolls figure of 142,000 missed estimates of 165,000.
Note: The last two months have been revised DOWN by -86,000 jobs.
But the unemployment rate dropped to 4.2% from 4.3%, in-line with expectations.
25bps and 50bps still on the table at the next Fed meeting.
Sahm Indicator right now at 0.57
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LittleSoldier : This is exactly what happens and is exactly expected when you build big government and ship in 18 million illegals into the mix! Not to mention I’m more than sure just like the miss of 818 thousand jobs missing on the previous report that this to was manipulated to show a somewhat positive report!! Hope everyone is happy with Biden Nomics! Can’t wait for 4 more years and worse!
rennymc LittleSoldier : Turn off the fox news.
LittleSoldier : When you stop voting for ignorant politicians; develop some common sense and stop voting for someone just because they’re a woman or black with zero qualifications! Sure thing!!