Manhattan Institute: Comments on the September Employment Report
October 05, 2024
October 05, 2024
NEW YORK, Oct. 5 (TNSres) -- The Manhattan Institute issued the following statement on Oct. 4, 2024, by fellow Dan Katz on the September employment report:
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"Here we go again. The surprisingly strong September employment report presages the potential for yet another pivot from the Federal Reserve after their recent incautious jumbo-sized 50 basis point interest rate cut. The Bureau of Labor Statistics' estimate of September nonfarm payroll growth came in at 25 . . .
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"Here we go again. The surprisingly strong September employment report presages the potential for yet another pivot from the Federal Reserve after their recent incautious jumbo-sized 50 basis point interest rate cut. The Bureau of Labor Statistics' estimate of September nonfarm payroll growth came in at 25 . . .