US Unemployment "Unexpectedly" Rises
The US economy added 187K jobs for the month of August, but that number is being overshadowed by an "unexpected" rise in unemployment from 3.5% to 3.8%. The "strong labor market" strikes again as The Federal Reserve, having gorged themselves on ZIRP and BRR and getting rich in the process now claims the only solution is to put poor people out of work to reset the cycle.
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