...below estimates, but not as bad but 50bps is out.
...so not quite good news but not all that bad news. But not inspiring.
...market reaction a tad muted at this stage.
Aug Nonfarm Payrolls 142K, Exp. 165K
Unemployment Rate 4.2%, Exp. 4.2%
25bps
https://x.com/zerohedge/status/1832033590860779663
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