Estimated reading time: 0 minutes, 21 seconds

August Jobs Report Keeps Fed on Track to Cut Rates

Tuesday, Sep 10 2019
Lending
Written by 

A soft set of employment numbers was likely to keep the Federal Reserve headed for an interest rate cut this month. So reports MarketWatch.

.

The U.S. Bureau of Labor Statistics said the economy added 130,000 jobs in August, the smallest gain in three months. The private sector added only 100,000 jobs, another sign that the jobs market has lost steam as a trade conflict with China widens.

Read the full article from MarketWatch. 

Read 1538 times
Rate this item
(0 votes)
More in this category: « Stearns Lending Promotes Steve Smith to President Docutech Hires Ex-NewRez Exec as Chief Product Officer »

FOLLOW US

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.
Ok Decline