The US economy added fewer jobs than expected in July, while the unemployment rate unexpectedly rose to 4.3%, furthering signs of a slowdown in the labor market.
Data from [the Bureau of Labor Statistics](https://www.bls.gov/news.release/empsit.nr0.htm) released Friday showed the labor market added 114,000 nonfarm payroll jobs in July, fewer additions than the 175,000 expected by economists.
This is the most gentle soft landing in history. I know the market is freaking out but inflation would never stop if the economy stayed so hot that no one can hire enough workers. So, this looks pretty good. Green light to cut rates in September which is the best possible outcome. The Fed may cut and we may never even need to have a recession at all.
This is actually quite good given the range of possible outcomes
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Read more: [https://finance.yahoo.com/news/july-jobs-report-us-labor-market-adds-114000-jobs-unemployment-rate-jumps-to-43-190219898.html](https://finance.yahoo.com/news/july-jobs-report-us-labor-market-adds-114000-jobs-unemployment-rate-jumps-to-43-190219898.html)
The US economy added fewer jobs than expected in July, while the unemployment rate unexpectedly rose to 4.3%, furthering signs of a slowdown in the labor market.
Data from [the Bureau of Labor Statistics](https://www.bls.gov/news.release/empsit.nr0.htm) released Friday showed the labor market added 114,000 nonfarm payroll jobs in July, fewer additions than the 175,000 expected by economists.
Meanwhile, the unemployment rose to 4.3%, up from 4.1% June. July’s job additions came in lower than the[ 179,000 jobs](https://finance.yahoo.com/news/june-jobs-report-us-labor-market-adds-206000-jobs-unemployment-rate-rises-to-41-112324134.html) added in June.
We are screwed, expect a market crash
This is the most gentle soft landing in history. I know the market is freaking out but inflation would never stop if the economy stayed so hot that no one can hire enough workers. So, this looks pretty good. Green light to cut rates in September which is the best possible outcome. The Fed may cut and we may never even need to have a recession at all.
This is actually quite good given the range of possible outcomes