John Trades MBA
@JPATrades
Investor | Dip Connoisseur | Not Investment Advice | $SPY $SPX
Joined January 2020
69 Following 236.3K Followers
Job Market so GOOD that its BAD 😅
US JOBS BLOW PAST EXPECTATIONS
🔸August Nonfarm Payrolls: +162K vs +55K expected — a major upside surprise.
🔸Unemployment: 4.1%, unchanged
🔸Wages: +0.3% MoM / +3.1% YoY
🔸Participation rate: 61.6%
🔸Biggest gains: Food services +59K, local government education +42K.
🔸Information sector lost 23K jobs.
🔸June and July payrolls were revised +55K higher combined.
Show more
