- Unemployment claims fell to the lowest level since February, underscoring a strong labor market and businesses’ reluctance to let go of workers.
|
- The economy added 187K new jobs in August, more than was forecast. However, unemployment ticked up slightly from 3.5% to 3.8%.
|
- The service sector expanded for the 8th straight month in August, pushing bond yields higher and pressuring mortgage rates.
|