Chart of the Day: Net New Jobs in August

September 5, 2015 1:12 PM

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Futures traders are starting to bet the Federal Reserve will put off raising interest rates, but Fed boss Janet Yellen shouldn’t heed them, said Kay Van-Petersen, a strategist at Saxo Capital Markets. This is good news.

Though hiring in August was the slowest in five months, the government revised up its estimates of job growth for June and July by a combined 44,000.

Also read: U.S. economy creates 178,000 jobs in November; jobless rate drops to 4.6%

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