Frax(@Frax):JUST IN: Unemployment dropped to 4.1%, its lowest level in two years. But the economy also lost 23,000 jobs in July. Lower unemployment, but weaker payrolls. These mixed labor prints can move rates, the dollar, and risk assets in different directions. Expect volatility.

Frax

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Frax@Frax

2026.08.07 13:04

JUST IN: Unemployment dropped to 4.1%, its lowest level in two years. But the economy also lost 23,000 jobs in July. Lower unemployment, but weaker payrolls. These mixed labor prints can move rates, the dollar, and risk assets in different directions. Expect volatility.