I'm Peter Shaknau, CNBC. Stocks have opened higher after a weaker thanex expected July jobs report. The Dow up 20 points at 53,920.The S&P 500 adding a third of a percent or 26 points. The Nasdaq Composite is up by 226 points or 9/10en of 1%. The US economy lost 23,000 jobs last month compared to the 83,000 job additions that economists were expecting.In Sarah Malik's view, that makes it less likely that the Fed will raise interest rates at its next meeting in September. She's chief investment strategist at ...

This morning we are learning that the US economy lost 23,000 jobs in July. The unemployment rate also dropped to 4.1%. And if you think over the last year, you've got average job creation of about 34,000.So this is a reversal of what has already been a pretty lukewarm performance overall on average. And then you look at revisions here. um you know this the data scientists went back and they scrubbed these numbers and they actually revised down another 103,000.So that shows you a job market that's um it's mo ...

Is this something you can ignore, or is there some information that's worth paying attention to. Yeah, I think the headline is a bit confusing, because you've got the drop in the unemployment rate on a very weak headline and a weak revisions. I'd be hesitant to just write this report off, because I think that the revisions in the headline number are pointing to weakness, while the drop in the unemployment rate is really about the supply side and the drop in the participation rate.So I think you can have tho ...

a drop of 23,000 jobs in the month of July. And average hourly earnings ticking up less than estimated, only by a tenth of 1%. Average hourly earnings on a year-over-year basis up 3.2%.And the labor force participation rate going down, not up to 61.4%. The unemployment rate coming in also ticking down, perhaps because we've got that decrease in labor force participation, 4.1%. That is a tenth of a percent better than estimated and a tenth of a percent lower than the prior. ...

And here we go, Joe. July employment figures populating. Buckle up on this one.Minus minus 23,000 on non-farm payrolls. I can hear the bond yields falling right now. Minus 23,000.That would be the second worst number of the year outside of the only other negative number, minus 156 in February. Now, if we look at the two-month revision, another whopper minus 103,000. Manufacturing payroll is actually a bright spot.Manufacturing up 5,000. That would be uh what the best since it was up 15,000 in March. And tha ...

of 23,000 a drop of 23,000 jobs in the month of July. And not only that, the prior month, the month of June, being revised lower to 20,000 from 57,000. So that two-month payroll net revision down by 103,000.Uh manufacturing payroll is actually growing more than expected by 5,000 versus the 4,000 that was expected and uh actually being revised higher in June to 11,000 from 3,000. So strong manufacturing picture, not strong um ex manufacturing. Average hourly earnings ticking up less than estimated only by a ...

JUST IN: 🇺🇸 US economy loses 23,000 jobs in July, lower than expectations.US unemployment rate falls to 4.1%, lower than expectations. ...

RT Bloomberg Opinion (@opinion)It's Jobs Day! Is the US labor market as strong as the 4.2% unemployment rate suggests?🎥Tune in as @JonathanJLevin discusses LIVE with @keds_economist and @foxjust https://t.co/2iStO8dzAE ...