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2025September › 05

August

10 months ago

On today's episode of CNBC's Crypto World, bitcoin climbs after it was revealed that payrolls rose less than expected in August. Plus, crypto billionaire Justin Sun says his World Liberty Financial t…

Comments on August Employment Report

The headline jobs number in the August employment report was below expectations and June and July payrolls were revised down by 21,000 combined.  A weak report. The participation rate increased, the …
President Trump in August fired Bureau of Labor Statistics Erika McEntarfer after BLS issued a disappointing jobs report and revised downward two prior months.
From the BLS: Employment Situation
Total nonfarm payroll employment changed little in August (+22,000) and has shown little change since April, the U.S. Bureau of Labor Statistics (BLS) reported tod…
Nonfarm payrolls were expected to increase by 75,000 in August while the unemployment rate edged up tp 4.3%.

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