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Payrolls rose 22,000 in August, less than expected in further sign of hiring slowdown
CNBC ^ | September 5, 2025 | Jeff Cox

Posted on 09/05/2025 5:53:05 AM PDT by Miami Rebel

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To: Miami Rebel

4.3% isn’t high. Economically, 4% is called full employment.


41 posted on 09/05/2025 11:45:31 AM PDT by Fledermaus ("It turns out all we really needed was a new President!")
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To: mewzilla

Correct. And losses in one sector like federal employment (cutting bloated staff is good) offset gains in others.


42 posted on 09/05/2025 11:47:51 AM PDT by Fledermaus ("It turns out all we really needed was a new President!")
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To: Fledermaus

Perhaps the BLS should’ve skipped release data altogether, since the end of summer is a non-recurring event that happened only this year.

“I just want to say here, private payrolls coming in. The expectation was 75,000, we got 38,000. And there was a loss of 16,000 jobs in government” Cheryl Casone followed before tossing to Charles Payne. “But again, you know, that 22,000 number, Charles, it’s a weaker-than-expected number, and these revisions are pretty brutal.”

Fox Business


43 posted on 09/05/2025 12:01:50 PM PDT by Miami Rebel
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