Total nonfarm payroll employment increased by 142,000 in August, and the unemployment rate changed little at 4.2 percent, the U.S. Bureau of Labor Statistics reported today. - eviltoast
  • dubya@lemmy.worldOP
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    2 months ago

    Not great but not terrible. Will be interesting to see if we get a 0.25 or 0.5 rate cut. I’d argue for a 0.5 to be on the safer side, but the “bureaucratic inertia” is definitely on the 0.25 side.