U.S. Added 142K Jobs in August, Likely Setting Stage for 25 Basis Point Rate Cut
The bitcoin price rose 1% just after the numbers hit, but remains lower by about 5% from one week ago.
The U.S. posted August job growth of 142,000, slightly less than expected, but the unemployment rate dipped to 4.2%
Sizable downward revisions to the July and June reports made the employment picture somewhat weaker than previously thought
Under sizable pressure all week,...