Bernanke needs to print people for the labor force

A big drop in the unemployment rate but owing totally to people dropping out of the labor force. Not a good number.

Payrolls were soft at 96,000 in August and July was revised down to 141,000.

Plenty of ammo for Bernanke to launch QE3 next week.

US bond yields have fallen sharply in the wake of the data.

Best in 2026

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