Lets start in the us where its been a tumultuous week on the markets following the publication of a series of reports on the state of the Labour Market. On thursday, one of the latest of these reports showed private employers in the us posting their smallest monthly hiring growth since january 2021, with just under 100,000 new positions. On wednesday, government data showed Job Openings dropped to a 3. 5 year low injuly with 7. 67 million vacancies. And later today, all eyes will be on the Monthlyjobs Survey of employers and households. Last month, the Labor Department reported the Unemployment Rate had hit 4. 3 injuly up from 3. 5 a year earlier. This report is one of the most important gauges of the state of The Worlds largest economy and it is coming at a critical time with the president ial campaign under way. So what might be in store . Joining me now is kyle handley, associate professor of economics at the university of california san diego. Every so much apprehension, you just h
Publication of a series of reports on the state of the Labour Market. On thursday, yesterday, one of the latest of those reports showed that private employers and dgs were posting their smallest monthly growth since January 2021 with just shy of 100,000 new positions. Government data showed the job positions. Government data showed theJob Openings positions. Government data showed the Job Openings had dropped to a 3. 5 year low, 7. 67 million vacancies through dropped to a 3. 5 year low, 7. 67 million vacancies throuthuly. Million vacancies through july. Later million vacancies throuthuly. Later today, all eyes are going to be in the Monthlyjob Survey of employers and households. A reminder, last month the Labour Department reported the Unemployment Rate at hit 4. 3 injuly. Unemployment rate at hit 4. 3 in july. That was Unemployment Rate at hit 4. 3 injuly. That was up Unemployment Rate at hit 4. 3 in july. That was up from Unemployment Rate at hit 4. 3 injuly. That was up from 3. 5 a
Below 50, then it s going to continue to grow within the end of the year. Continue to grow within the end of the year of the year. Let s turn our attention of the year. Let s turn our attention to of the year. Let s turn our attention to us, of the year. Let s turn our attention to us, the of the year. Let s turn our attention to us, the jobsl attention to us, thejobs data, that s out this friday. Will that s out this friday. Will that have any impact on what the fed decides to do. We know they re meeting in the next few weeks. ,~ weeks. The highest risk economic weeks. The highest risk economic event so weeks. The highest risk economic event so far. | weeks. The highest risk economic event so far. Because what we have seen so far, august was unprecedented for some global markets and one of the catalysts behind this was concerns that us economic momentum after being very robust and resilient for the past 18 months or so is showing signs that there is rocks are falling and the mom
Has contracted in august for the fol then raight month. Has contracted in august for the fol then its iht month. Has contracted in august for the fol then its going nth. Has contracted in august for the fol then its going to 1. Below 50, then its going to grow as we continue into the new year. L115 grow as we continue into the new year grow as we continue into the new year. Us Obs Data is out this friday, new year. Us Jobs Data is out this friday, will new year. Us Jobs Data is out this friday, will not new year. Us Jobs Data is out this friday, will not have new year. Us Jobs Data is out this friday, will not have any| this friday, will not have any impact when the fed meets in a few weeks . Impact when the fed meets in a few weeks . Were looking at the hi. Hest few weeks . Were looking at the highest risk. Few weeks . Were looking at the highest risk, potentially, highest risk, potentially, economic event of the year so far. What weve seen last august was unprecedented. One of the ca
he s refusing to produce a document they re purportedlyis tells a foreign bribery scheme involving the big guy himself. the fbi says that releasing confidential source informationt to james comey couldio potentially jeopardizecould investigations and put lives at risk. it s always lives at ris rk. s got to hide it. of course, it s not a classified document and there is no evidence of any ongoing investigatiof n. but the fbi needs to keep the anti biden allegations top secret, apparently. meanwhile, more federal roadblocks into the tax investigation into hunter biden . it s snto bad that a high rankir irs investigator is now blowingg the whistle. take a look. there was multiple steps that were or slow walked at the direction of the department of justice. haedthe depad you ever encountet before? i have not known thesehat deviations from normal process.l and each and every time itthey seemed to to always benefitnefi the subject and don t want to do any of this. i took an oa