What's your reaction? The market is taking in as
a goldilocks report. What do you think? It's
a good report? I mean, for the Federal
Reserve, it's a pretty good report. I mean
, you're starting to not just affect the unemployment rates
sticking up a little bit, but it's sticking up
for the right reasons that you're getting this significant 736,000
people entering the labor force. Mckee pointed out.
But, you know, it's interesting when you actually
dissect it further, you're seeing some things, the
cyclical parts of employment are clearly softening. I saw
transportation, temporary hiring is down again this month.
But, you know, you see things like health
care and education which are not cyclical, continue to
have a firm tone to over 100,000 jobs again.
So listen, I think it's, I think it's
pretty good. It, it is. And obviously
wages coming down is significant. And listen, I
think you can use this as another benchmark for the
fact that we're seeing Slack build in the labor force
. We're seeing employment. What has been an unbelievably
hot employment market, labor market is coming off a
bit alongside of inflation coming down. So pretty constructive --> .