Description

This episode examines the July 2024 jobs report and what effects it is having on the overall economy and stock market. What do the numbers project for the rest of the year? Below are links to a related CNBC article, WSJ article, Bureau of Labor Statistics data, and FRED data.

Link: Job growth totals 114,000 in July, much less than expected, as unemployment rate rises to 4.3% (cnbc.com)

Link: July Jobs Report: How Markets Are Reacting, in Five Charts (wsj.com)

Link: Bureau of Labor Statistics Data (bls.gov)

Link: Total Unemployed, Plus All Persons Marginally Attached to the Labor Force, Plus Total Employed Part Time for Economic Reasons, as a Percent of the Civilian Labor Force Plus All Persons Marginally Attached to the Labor Force (U-6) (U6RATE) | FRED | St. Louis Fed (stlouisfed.org)

Link to Episode 62: Disaster in the jobs report! https://youtu.be/apYngDt8QQM