DyLo (@Jo7171)
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📈 Exciting hiring surge in August! 🚀 Employers added 162K jobs, bouncing back from July’s loss of 23K. Unemployment steady at 4.1%, with restaurants/bars leading the way (+59K jobs). Despite high inflation (3.4%), the labor market remains resilient, raising the chances for a Fed interest rate hike on Sept. 16. Fed Chair Warsh emphasizes the need to prioritize fighting inflation to protect hardworking Americans. What are your thoughts on the potential rate hike? 💬 #JobsReport #Economy #Inflation #Fed #unemployment #economicupdate #FederalReserve #interestrates #jobgrowth #chuckpointwalker #tonto #monk #chad https://abc13.com/story/hiring-blew-past-expectations-august-jobs-report-shows/19789544/