Unemployment Numbers For The Month Of August were Awful [ANALYSIS] – ValueWalk Premium

Unemployment Numbers For The Month Of August were Awful [ANALYSIS]

August’s Poor Employment Report

The Bureau of Labor Statistics (BLS) released its initial estimate of total nonfarm employment today, coming in up 96 K from the prior month.  The 96 K gain in employment coincided with a drop in the unemployment rate from 8.3% to 8.1%, as 400 K fewer individuals sought work.  The government’s accounting was strikingly different than ADP’s August report, which gave an initial estimate of 201 K jobs gained, with 185 K in the service sector and 16 . . .

SORRY!

This content is exclusively for paying members.

If you are subscribed and having an account error please clear cache and cookies if that does not work email support@valuewalk.com or click Chat.


X
Saved Articles
X
TextTExtLInkTextTExtLInk

Here’s a Tip: Read What Professional Investors Read

ValueWalk Premium is for investors looking to improve their investment process AND keep up-to-date on the latest industry trends.

It’s THE resource for value investing and hedge funds. 📈

And with a free three-day trial and $29.99 per month thereafter, it’s a value in its own right.

Sign up now. 👇

CLICK HERE TO TRY IT OUT

 

0