The Market Ticker - The Survey Says!
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. Job gains occurred in construction and health care.
Ah, more people who become sick (we didn’t cause that did we?) and then we have to hire 10 people to make sure you pay for every one who fixes your busted-up body when you have a car accident.
The market appeared to be expecting a disaster and didn’t get it; what had been a decently-red futures number before the print went positive and as I write this is just above zero.
The unadjusted household number is -690,000, however, which is certainly not…….
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Source: https://market-ticker.org/akcs-www?post=251983
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