Interest rates were mostly flat this week after a big rally last week. Most of that rally is due to deterioration of the labor market. More specifically fewer new jobs added vs jobs lost. Non Farm Payrolls came in below expectations of 75k at 22k new jobs added in August. On Tuesday, the Non Farm Payrolls annual revision lowered payrolls by 911k. Combined with the 818k negative adjustment last year, Payrolls over the last two years are 1.7 million lower than previously reported. Initial Jobless
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Interest rates were mostly flat this week after a big rally last week. Most of that rally is due to deterioration of the labor market. More specifically fewer new jobs added vs jobs lost.
Network Funding, L.P.. . Interest rates were mostly flat this week after a big rally last week. Most of that rally is due to deterioration of the labor market. More specifically fewer new jobs added vs jobs lost. Non Farm Payrolls came in below expectations of 75k at 22k new jobs added in August. On Tuesday, the Non Farm Payrolls annual ...
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