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Woolos Research

Weekly Update

September Sixth

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Nick Woolos
Sep 06, 2025
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Weekly Update

Jobs Jobs Jobs! Payrolls came in at just 38k for August. Below is a chart from the St. Louis Federal Reserve on what they expect the breakeven in jobs growth to be.

A table shows how a decline in monthly net immigration projections has affected breakeven employment growth estimates.

Nonfarm Payrolls came …

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