00:00 Mr Speaker a
We found unrighteous claims today. What does that tell us about a big picture of work and maybe stir up what we can hear in the next job report?
00:10 Josh
Yes, so he saw a little increase in the unemployment of weeks in MAIL 230,000. That is not the level of economic scientists. And that number didn’t go up a little a few weeks ago as it was at the beginning of the year. But the main delivery from me actually was the ongoing claim number, of course? The population of Americans continue to file a profitable file every week. That struck another high cycle in its highest areas from November of 2021. That is the kind of one of those data locations in this Fed. You have a lot of economic Economis, but actually tells you that you take America for a long time and long to return to the labor market for a new job. It is therefore one of those little signs of weakness and perhaps some economic economics that come out this morning that we tracked some 4.3% of the ineffective report. That will come out at the end of next week or maybe week after. I might have my wrongdays there. Sunday after. Sunday after. But it will come out soon, so? And the key type of the question obviously is that if you receive August’s weekly Payrolls Report, perhaps supporting the cut in September. Some economists will argue that if they are particularly weak, it can support 50 point cuts. It is not really where the market right now, but is one of the risks there.
02:45 Mr Speaker a
Yes, but there is a rock and a difficult situation, of course, John? Because, you know, we found the wedding details looking for modern information, but we received a director of UH manager to buy EH & P GLOBAL was highest for several years. Therefore, you know, which will show maybe a higher price pressure. We heard in Walmart today, showing that their margins begin to lose little decrease because they have to give agreements to find people. But that means swallowing some of the costs of tax prices. So the Fedd, you know, you’re born among those dual investors, maybe.
03:55 John
It is a difficult place. The S & P of the World has said it indicated that the prices were actually payable in making it ascending. You see the highest tendency there. You know, I think that Josh explains that UH explains the Healthy Market where II was not to say that we have racism. Companies don’t abuse too much abuse because things can turn. Uh but not all who are employed. So you have this as uh Stasis in the work market. And you know, I think of what the economy is there a gentle stagflation. Therefore there is a lot of uncertainty about the Triff’s policy playing, how the geographical policy is playing, is H.For’s policy. And then Uh we see some to reset other prices for prices on price on price and labor market do not go far. So the FED is really not in the case of a very aggressive walk. My renewal how to deal with her final movement in Jackson’s pit is small steps. You know, when you go up or down the UH deception, you take less steps and make sure you don’t win more. So you will receive this changing UH place. You will keep the door open to cut cuts as long as no surprise in the next round, but will not encourage people to think that the FED enters very simple mode.
