Employment Report Eases Tensions, Causing Financial Markets to Stop Short of Pushing the Panic Button

Former Global Chief Economist for JPMorgan Chase (Ph.D. in Economics) & Current BQ Chief Economist

Sep 06, 2024

∙ Paid

Special Thanks to Ernie Journeys on Unsplash.com

U.S. non-farm payrolls in August 2024 rose by +142k (below consensus +165k) with downward revisions of -86k over the prior two months. Wages rose by more than expected +0.4% (month over month) and +3.8% (year-over-year), which was more substantial than expected, but that is g…

Keep reading with a 7-day free trial

Subscribe to The People's Economist with Anthony Chan to keep reading this post and get 7 days of free access to the full post archives.