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Elise Gould
elisegould.bsky.social
did:plc:pboltvj6wr6gaituw2s6mrwq
Weak #jobsreport all around
-Nonfarm payrolls fell by 23,000 (mostly driven by state and local losses)
-The unemployment rate ticked down for the "wrong" reasons as labor force participation and employment-to-population ratio softened
-Nominal wage growth decelerated to 3.2% over the year
#EconSky
2026-08-07T12:47:58.069Z