The August jobs report reinforces 'waning vigor' in the labor market and the Fed should deliver a big rate cut, JPMorgan says

JPMorgan chief economist Michael Feroli says the Fed should cut 50 basis points this month as the August jobs report reflects a slowing labor market.

https://www.businessinsider.com/august-jobs-report-slowing-labor-market-jpmorgan-unemployment-michael-feroli-2024-9