1srelluc
Diamond Member
August jobs report: Unemployment rate falls to 4.2%, labor market adds 142,000 jobs
The US economy added fewer jobs than expected in August while unemployment ticked lower.
Revisions to the June and July labor reports showed the US economy added 86,000 fewer jobs than initially reported in those months.
Looks like a .50 rate reduction is in the works now.
Dow futures flat.
Looks like employer's thrust is in employee retention rather than hiring.