August Jobs Report Much Stronger Than Expected, Diesel Hits All-Time High
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The labor market is doing "extremely well" based off the August jobs report, says Kevin Hincks. The bad news for those expecting a hold on interest rates in September? The chances for a hike just increased. Kevin takes investors through the key metrics in August's numbers and the revisions made to July's report. While crude oil prices cooled from $93 to $90, the national average for diesel prices hit a new record high. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185 Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7 Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore Watch on DistroTV - https://www.distro.tv/live/schwab-network/ Follow us on X
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