Business Rundown: Is the Economy Stronger Than Headlines Claim? A Look At The Labor Market

Where does the labor market stand this Labor Day? U.S. job growth rebounded in August, with the Bureau of Labor Statistics reporting 162,000 jobs added—blowing past expectations of a 56,000 gain. Following summer slowdowns, Executive Vice President for Market Strategy at Prairie Operating Company and FOX Business Contributor Lou Basenese joins Lydia Hu to break down the surprise report. They examine what these numbers mean for the workforce, wage growth, and upcoming Federal Reserve interest rate decisions. Learn more about your ad choices. Visit podcastchoices.com/adchoices