US payrolls rose 22,000 in August, less than expected in further sign of hiring slowdown | Metals Mine

  • US payrolls rose 22,000 in August, less than expected in further sign of hiring slowdown

    From cnbc.com

    Job creation sputtered in August, adding to recent signs of labor market weakening and likely keeping the Federal Reserve on track for a widely anticipated interest rate cut later this month. Nonfarm payrolls increased by just 22,000 for the month, while the unemployment rate rose to 4.3%, according to a Bureau of Labor Statistics report Friday. Economists surveyed by Dow Jones had been looking for payrolls to rise by 75,000. The report showed a marked slowdown from the July increase of 79,000, which was revised up by 6,000. Revisions also showed a net loss of 13,000 in June after the prior estimate was lowered by ... (full story)

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Luxyus
Sep 5, 2025 8:33am
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ye ye so what, two cuts till the EOY that's all
Faizan0909
Sep 5, 2025 8:04am
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Buy gold
Reply
Meoldy129
Sep 5, 2025 8:16am
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I sold my gold to scoop up some stocks.
Reply
Trader#915B
Sep 5, 2025 8:46am
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Idiots have finally begun pricing in 50bps rate cut in September by the Fed.
Liquidity crisis imminent if the Fed doesn't do something and 2y yield is far from FFR, meaning rates will go down much faster then what average people think. As said, we should expect rate cut on every meeting going forward and good-for-nothing lawyer Jerome Powell will confirm that in 12 days. Also, it's possible that tarrifs will be removed as Trump had no right to imposse tarrifs on his own. This will add yet another reason why the Fed will then start cutting rates like there's no tomorrow since there is no more tarrif bullshit.
Reply
Trader#EBF1
Sep 5, 2025 8:19am
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why buy gold?
Reply
Trader#000C
Sep 5, 2025 8:26am
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Because its gold
Reply
Trader#B47C
Sep 5, 2025 8:39am
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got it . we hit 3590 today )
Reply
Trader#A306
Sep 5, 2025 9:28am
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Is this Trump's or Biden's payrolls? Time to check the Epstein list?
Reply

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