August Jobs Report: Will It Delay a Fed Rate Cut?

Alarm bells or false alarm? This podcast episode dives into the latest jobs numbers, revealing a dramatic slowdown with only 73,000 jobs added in July and significant downward revisions to previous months. Was the firing of the Bureau of Labor Statistics leader justified? We dissect the data, exploring how this softening labor market impacts everyday people, particularly the rise in Black unemployment and the squeeze on household budgets from slowing wage growth. All eyes are now on Friday's August jobs report, which could determine the Federal Reserve's next move and shape our economic future. Hosted on Acast. See acast.com/privacy for more information.