Labor Shock: US Adds 162K Jobs In August, 4-Sigma Beat And Above Highest Forecast
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Source: Zero Hedge
Published: 2026-09-04 22:47 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Economy & Finance, Financial Markets, Labour & Workers, World News, Business & Economy
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Snippet:
In our jobs report preview we quoted JPM's Market Intel desk which said that today's August payrolls number will be a case of "good news is bad news", and sure enough futures are sliding and yields surging after moments ago the BLS reported that in August, the US added a whopping 162K jobs, up from an upward revised 21K (July is no longer negative -23K), and the second highest monthly increase of 2026 (only March was higher)...
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