The Financial News

The Financial News

The US economy missed its monthly jobs target by a massive margin


Did the US economy just hit a wall? The July jobs report shocked the market, showing an unexpected loss of 23,000 jobs—missing estimates by a massive margin. But is the data as bad as it looks?

UBS Global Wealth Management’s Leslie Falconio and Annex Wealth Management’s Brian Jacobsen break down what’s really happening beneath the surface, and what this means for your money and interest rates.


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