📉Job growth slows down with only 175,000 new jobs added.
📈Unemployment rate ticks up slightly to 3.9%.
💼The job market shows signs of cooling down, prompting a 'Goldilocks' report.
💵Wage growth remains positive at 3.9% annually.
📊The market sees the report as a positive sign for potential interest rate cuts.
How many new jobs were added?
—175,000 new jobs were added.
What is the current unemployment rate?
—The current unemployment rate is 3.9%.
How does this job report compare to expectations?
—The job report falls below expectations.
What is the wage growth rate?
—The wage growth rate is 3.9% annually.
How does the market react to the job report?
—The market reacts positively to the 'Goldilocks' report.
00:00The latest job report shows slower job growth with 175,000 new jobs added, below expectations.
00:09The unemployment rate ticks up slightly to 3.9%.
00:23The job market shows signs of cooling down, prompting a 'Goldilocks' report.
01:01Wage growth remains positive at 3.9% annually.
01:32The market sees the report as a positive sign for potential interest rate cuts.
