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The jobs report came out this morning and it was a painful one.
The US added only 22,000 new jobs in August, according to the latest BLS report.
And unemployment ticked up to 4.3%.
What does this mean?
Find out in today's First Friday episode!
Timestamps:
Note: Timestamps will vary on individual listening devices based on dynamic advertising run times. The provided timestamps are approximate and may be several minutes off due to changing ad lengths.
(01:48) ADP vs BLS Jobs Data
(04:33) Mortgage Rates & Their Impact on Homebuyers and Sellers
(11:30) Fed Chair Jerome Powell’s Remarks
(12:54) The Fed’s Dual Mandate Explained
(15:58) The Fed’s Changing Approach to Unemployment
(18:13) Implications: Rate Cuts on the Table Learn more about your ad choices. Visit podcastchoices.com/adchoices |
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