Friday, September 5, 2025This morning, we finish off “Jobs Week” with the Big Kahuna: the Employment Situation report from the U.S. Bureau of Labor Statistics (BLS). August saw another weak month: +22K nonfarm payroll totals was below the +75K anticipated and upwardly revised +79K reported the previous month. The Unemployment Rate ticks up to +4.3%, the highest level since October 2021.The private sector was responsible for +38K new jobs filled last month. That’s still not great, but the headline subtracts ...