Great Commentary on Jobs Report From Calculated Risk

The headline jobs number was below expectations, and there were downward revisions to the previous two months.  And the unemployment increased slightly.   Overall a disappointing report. Earlier: August Employment Report: 156,000 Jobs, 4.4% Unemployment Rate In August, the year-over-year change was 2.097 million jobs. This is still decent year-over-year job growth, but this is the lowest year-over-year growth since early 2013. Note that August has been the second weakest month for job growth over the previous three years; only......(read more)

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