Why did the US employment data worsen after the change?
On September 5th, local time, the US Department of Labor released the latest employment data. US non-farm payrolls increased by only 22,000 in August, far below market expectations of 75,000, a complete letdown. Not to mention that the data for previous months had been severely revised: July’s figure went from 73,000 to 79,000, which…
