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The Water Cooler
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Very disappointing August Jobs report - Expect something different?
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<blockquote data-quote="SlugSlinger" data-source="post: 3631133" data-attributes="member: 7248"><p>And I cannot believe my eyes about the headline. Normally Yahoo tries to buffer out bad news for this administration. </p><p></p><p>This is the perfect excuse for the .gov to print and hand out more free (and becoming worthless) money.</p><p></p><p></p><p>[ATTACH=full]221058[/ATTACH]</p><p></p><h3>August jobs report: Payrolls rise by disappointing 235,000 while unemployment rate falls to 5.2%</h3><p></p><p></p><p>The U.S. economy added back jobs at a far slower pace in August following an early-summer jump in employment, as an initial wave of reopening hiring waned and concerns over the Delta variant increased.</p><p>The Labor Department delivered its monthly jobs report at 8:30 a.m. ET Friday morning. Here were the main metrics from the report compared to consensus estimates compiled by Bloomberg:</p><ul> <li data-xf-list-type="ul"><strong>Change in non-farm payrolls: </strong>+235,000 vs. +733,000 expected</li> </ul></blockquote><p></p>
[QUOTE="SlugSlinger, post: 3631133, member: 7248"] And I cannot believe my eyes about the headline. Normally Yahoo tries to buffer out bad news for this administration. This is the perfect excuse for the .gov to print and hand out more free (and becoming worthless) money. [ATTACH type="full" alt="1630674574237.png"]221058[/ATTACH] [HEADING=2]August jobs report: Payrolls rise by disappointing 235,000 while unemployment rate falls to 5.2%[/HEADING] The U.S. economy added back jobs at a far slower pace in August following an early-summer jump in employment, as an initial wave of reopening hiring waned and concerns over the Delta variant increased. The Labor Department delivered its monthly jobs report at 8:30 a.m. ET Friday morning. Here were the main metrics from the report compared to consensus estimates compiled by Bloomberg: [LIST] [*][B]Change in non-farm payrolls: [/B]+235,000 vs. +733,000 expected [/LIST] [/QUOTE]
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Very disappointing August Jobs report - Expect something different?
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