Okay, folks. it’s coming within hours. The monthly jobs report. The last major data point that Powell and his minions are going to get before they drop interest rates either 0.25% or 0.50% (because that’ll totally save the economy). I’ve circled the anticipated results.
![](https://slopeofhope.com/wp-content/uploads/2024/09/hourearn-640x342.png)
![](https://slopeofhope.com/wp-content/uploads/2024/09/empchg-640x332.png)
![](https://slopeofhope.com/wp-content/uploads/2024/09/unrate-640x339.png)
Here is the unemployment rate ever since the government started tracking it after World War II. The trajectory seems plain to me.
![](https://slopeofhope.com/wp-content/uploads/2024/09/slopechart_FR_UNRATE-640x434.jpg)