PVG Market In A Minute - August 9, 2022
August 9, 2022
We expected the Employment report last Friday to be weaker than the expected 250,000 increase. The headlines of the report were actually much better than expected with 528,000 new jobs. We think we were right after all. Within the report there is a guesstimate called the net birth-death forecast, the government makes an estimate of new businesses created and closed, with the number of employees this adds or takes away.