Nela Richardson, chief economist at ADP, Tyler Goodspeed, Cato Institute adjunct scholar and former acting CEA chairman, Saira Malik, Nuveen CIO, join ‘Squawk Box’ to weigh in on August’s jobs report. For access to live and exclusive video from CNBC subscribe to CNBC PRO:
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There is nothing good about this. The Fed will keep at it until a significant drop with inflation. That doesn’t mean they will then lower rates. They have to be sure it’s down and will hold high rates. This can’t be the 1970s. Powell said it himself.
We need to pay for 22 years of bad monetary and fiscal policy. Now poor energy decisions have us behind the 8 ball the world economy. The Fed is making a move and the message is clear.
Until this administration gets onboard with the goal to squash inflation it’s all counter productive. Inflation is a cancer.
Elon musk is the richest man, I don't know who needs to hear this, you've got stop saving money, invest some part of it, if you want financial freedom…
Two quarters of negative GDP and the jobs are increasing … The parallel reality of the DoL and the media.
Common folks have job but the rich folks are unhappy because they have to pay them more
Well done from last month. The downward trend will continue.
even though i dont like stock pumpers in cnbc but their media coverage is excellent i have to give them that
Any country in the world should have 1-2% unemployment or there will be job/wage inflation. If this goes on, the companies will just suffer with competition and the growth will take a major hit…
Looks like inflation is pushing people off the couches.
I don't know who needs to hear this!Stop relying on the government and savings. Invest some of your money if you want financial stability, having several income streams is not a bad idea
38:15
I'm honestly impressed by the time and effort you put into these videos, Keep it up!
🙂
Historically it has been that 4.5% was full employment.
EVeryone got layoff. enjoy the package a bit before going back to WORK. buy Bitcoin .>LOLL or become YouTuber
Ironically the Fed wants 6% unemployment to get an equilibrium. This is bad news, this means the fed will continue to rise with bigger interest rates. Businesses haven't "got the message" yet.
8:49 am , did JP get filled on that half trillion dollar sell order or were they just spoofing the markets?
Get ready for another rate hike this month……
Dd
More people working 3 part time jobs
Wat. This is a bad number. Which is a good number so fed can pivot
* IQSTEL. UP 16 % Month. Top Gaining EV Stock in August. No Debt. 151 Million Shares. New Thurs Press Release / Videos.
Yessss! I knew it ! West is safe West us the 👌
Just a gimmick the fed will continue increasing rates.
Knowing this administration, they're probably including military jobs lol
So people take 2 jobs to pay the double electric bills and double digit inflationary prices. That’s how democrats “create” jobs.
dow down 550 pts from high today
mrgan stan, jp chase, boa all buying spxu shorting the market
The Ted guy at the end was on point.
Probably all cops to deal with runaway crime rates.
Awful!!!!! Will create MORE inflation…….Fed will raise to 5%………These pundits are idiots……..S&P 3200
With inflation running at a four-decade high, Recession is now the ‘most likely outcome for the economy. People are asking how to grow their portfolio to outpace inflation and maintain a successful long-term strategy? I have been searching of investors making about $250k profit in this current crashing market. This is one more reason why you must save and invest to ensure profit and ensure success.
I am new to the stock market. Every stock that I bought so far, I was out of luck because I bought them when they were expensive. I feel I missed on all the stock opportunities so far for the tech stocks.I believe having 75K yearly income would be a good investment so I want to plug all my savings into the stock market. I know this sounds a bit dull but I would like to know if I should learn investing or let somebody else (more capable like a FA) do it for me? Please share your thoughts. I am kind of tired of searching for a good stock to buy and loosing all the good opportunities 🙁
Unemployment goes to 100 percent and S&P500 goes to 0 by the end of the year. Just my prediction.
Every financial goal requires patience, dedication and consistent spirit knowing that investment is currently the most lucrative business in the world. both NFT, real estate, Stocks and Crypto is positively changing people's lives. I stopped panicking about the market the very moment I started working with Josef Dennis last year, his confidence and skills is on a maximum level…..
Read the book "1,000% Returns: Taking Advantage of the Stock Market's Gross Incompetence."
The reason it's private should be called breaken the law it suit it better
How many of those new jobs are full-time jobs? I bet, very few.
Experts on what? How do you become an expert? Guess like the rest of us…?
In my opinion, the go to remedy to weather this recession and high inflation is short-term trading, as opposed to long-term trading, most folks using these techniques are netting a ton of gains, sure the risks are higher but yet again isn't the current market equally as risky?
Paradeep phsphts buy zone
1 year target-500
Long trem target-10000
It's not a strong report It's propaganda, based on a survey of employers. No hard facts to substantiate claims.
Don't party that fast
Short bear market have ended is time for #Bitcoin to go bullish…I just hope nothing stop the pump. Btw, #defiwarrior will #metaverse with #themera and i guess they will have many #events to join the #testnet. Explore it now #airdrop #cryptocurrency