Instant Reaction: US Adds 162,000 Jobs, Topping All Estimates

Instant Reaction: US Adds 162,000 Jobs, Topping All Estimates

Author: Bloomberg September 4, 2026 Duration: 21:33

US job growth surged in August and the unemployment rate held steady, suggesting the labor market has more momentum than previously thought. Nonfarm payrolls increased 162,000 last month and July’s job losses were revised away, according to Bureau of Labor Statistics data out Friday. The August increase topped all estimates in a Bloomberg survey. The unemployment rate remained at 4.1%.

Bloomberg's Tom Keene and Damian Sassower get reaction from:

  • Claudia Sahm, Chief Economist at New Century Advisors, brings us into the jobs report
  • Amy Wu Silverman, Head: Derivatives Strategy at RBC, reacts to today's jobs report
  • Kristina Campmany, Senior Portfolio Manager at Invesco, talks about the bond market's reaction to jobs 

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Each weekday, the sharp, informed voices of Jonathan Ferro, Lisa Abramowicz, and Annmarie Hordern translate the complex movements of global markets into clear, actionable insight. This Bloomberg Surveillance podcast distills the essential interviews and analysis from their television broadcast, offering a direct line to the minds shaping finance, economics, and investment strategy. You’ll hear unfiltered conversations with central bankers, CEOs, and policymakers, all focused on the forces driving capital and change. For the best extended dialogues from the radio side, Tom Keene and Paul Sweeney join in, deepening the exploration of critical themes. It’s more than just headlines; it’s about understanding the *why* behind the numbers. Tuning into this daily podcast provides a consistent advantage, whether you’re managing a portfolio or simply need to grasp the economic narratives defining our world. The pace is brisk and the perspective is global, mirroring the markets themselves.
Author: Language: en-us Episodes: 50

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