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Home » ​June Payrolls Miss But Unemployment Rate Declines, Pulling Back From “Sahm Rule Recession” Trigger – Tyler Durden

​June Payrolls Miss But Unemployment Rate Declines, Pulling Back From “Sahm Rule Recession” Trigger – Tyler Durden

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​June Payrolls Miss But Unemployment Rate Declines, Pulling Back From “Sahm Rule Recession” Trigger – Tyler Durden

June Payrolls Miss But Unemployment Rate Declines, Pulling Back From “Sahm Rule Recession” Trigger There was some good news and some bad news in today’s jobs report – first the bad news: the August payrolls number came in at 142K, a small miss to estimates of a 165K print, if a big jump from the downward revised July print of 89K. The good news, however, is that while the payrolls print missed, the unemployment rate actually dipped from that critical “Sahm’s Rule trigger” level of 4.3%, to 4.2%, in line with expectations. So bottom line: the number could be better,…  — Continue at ZeroHedge News : Read More