US hourly wages down for August and year over year … tick.
Unemployment jumped to 3.8% from 3.5% the previous month … tick
Non farm payrolls 187k, above the consensus estimate of 170k … but these figures are notoriously unreliable as July just got revised down ton157k from 187k and Jun jus5 got revised down to 105k from 185k … so maybe August will get revised down below say 150k next month … provisional tick.
The Fed and markets should like these figures … maybe … maybe not.
Dex
Friday the 1st Sep 2023 - The Pinning Gods smile on Papabuy!, page-44
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