Business & Finance
Diane Swonk Says August Jobs Report Shows Mixed but Strong Labor Market Signals
Key Points
Diane Swonk, Chief Economist at KPMG, discusses the August jobs report, which showed U.S. payrolls rising by 162,000, above expectations, while the unemployment rate held steady at 4.1%. The segment also notes revisions to prior figures and points out that the data contain a lot of noise. She speaks with Scarlet Fu & Kristine Aquino on "The Close."
Diane Swonk, Chief Economist at KPMG, discusses the August jobs report, which showed U.S. payrolls rising by 162,000, above expectations, while the unemployment rate held steady at 4.1%. The segment also notes revisions to prior figures and points out that the data contain a lot of noise. She speaks with Scarlet Fu & Kristine Aquino on "The Close." (Source: Bloomberg)