[Today’s Signal] U.S. Jobs Surprise on the Downside, Complicating the Fed’s Rate Calculus
An unexpected warning signal has emerged from the U.S. labor market. Nonfarm payrolls fell by 23,000 in July, according to the Labor Department’s August 7 employment report, sharply missing expectations for an increase of 80,000. It was the first decline in five months, while payroll gains for May a
We haven't written up this one. Korea IT Times has the full story — the link below goes straight to it.