August jobs data shattered the illusion of labor market resilience, with payrolls up only 22,000 and unemployment rising to 4.3%. Weak data has revived expectations for a 50 bps Fed rate cut in ...
The real market-moving event is the September 9 BLS payroll revision, not the September 5 jobs report, due to its potential for major data corrections. If the revision exposes significant labor market ...