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Federal ReserveReuters
•76% Informative
Nonfarm payrolls increased by 142,000 jobs last month after a downwardly revised 89,000 rise in July .
Economists polled by Reuters had forecast payrolls increasing by 160,000 .
Drop in the jobless rate to 4.2% suggests an orderly labor market slowdown continues.
Markets expectations for an upsized 50 basis point cut at the Federal Reserve's mid-September meeting increased after the data.
The U.S. economy looks more likely to gouge the runway in the months ahead , justifying an increasingly aggressive response from officials at the Federal Reserve .
"The dollar is retreating, yields are coming down across the front end of the curve, and rate-sensitive asset classes are adding to recent gains".
VR Score
88
Informative language
94
Neutral language
59
Article tone
semi-formal
Language
English
Language complexity
35
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
no external sources
Source diversity
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