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Wall Street Breakfast

Unemployment falls even as job gains ease

Fri, 04 Aug 2023

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Nonfarm payrolls come in light with down revisions but the jobless rate falls to 3.5%. (0:12) Fortinet (FTNT) stock hammered. (3:03) Why it may be too soon to throw in the recession towel. (4:00)Read a transcxript of this esisode at Seeking Alpha.Show Notes:U.S. jobs growth in July comes in lower than expected, unemployment falls furtherAs we watch payrolls, is the Fed watching hours worked?Dividend Roundup: IBM, Walmart, BP, Kimberly-Clark, and moreRoth MKM still sees recession as likely -- maybe before the end of 2023Fortinet plummets as analysts express concerns after full-year guidance cutTupperware stock surges 51% before the bell on debt restructuring dealWall Street Breakfast on Twitter

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