WASHINGTON, DC – September 7, 2026 (STL.News) The U.S. labor market delivered one of its biggest surprises of the year Friday, with employers adding 162,000 jobs in August, far exceeding Wall Street expectations and abruptly changing the conversation surrounding the Federal Reserve, interest rates and the strength of the American economy. In an unusual Wall Street paradox, however, the surprisingly strong economic news wasn’t necessarily good news for investors. Stocks fell, and Treasury yields jumped following the report as traders increased bets that the Federal Reserve could raise interest rates again to contain persistent inflation. The August employment
Source: Read Original Article
