Diane Swonk, Chief Economist at KPMG, discusses the August jobs report, which showed U.S. payrolls rising by 162,000, above expectations, while the unemployment rate held steady at 4.1%. The segment also notes revisions to prior figures and points out that the data contain a lot of noise. She speaks with Scarlet Fu & Kristine Aquino on “The Close.” (Source: Bloomberg)
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