A Big Jobs Number, Not Yet A Fed Problem
Published on
August US jobs data showed a broad rebound, but the magnitude should be discounted as the labor market is still not contributing much to inflation. Nonfarm payrolls rose 162k, well above estimates of 55k. Additionally, two-month revisions added 55k jobs and…
Interested in reading the full Daily Insight?
Read the full insight with instant access.
BCA Research | Essentials
Concise macro insight that cuts through daily noise, helping clients stay informed on what matters in markets, why it matters, and how to talk about it, without spending hours reading research.
Stay Connected with BCA
Get our latest events and research insights delivered to your inbox.