Daily Archives: September 10, 2025

Macro Briefing: 10 September 2025

US employers added 911,000 fewer jobs during the 12 months through March, according to preliminary data from the Labor Department. The annual revision shows that the jobs market had been growing at a slower pace than previously estimated. “The slower job creation implies income growth was also on a softer footing even prior to the recent rise in policy uncertainty and economic slowdown we’ve seen since the spring,” said Oren Klachkin, market economist at Nationwide Financial. “This should give the Fed more impetus to restart its cutting cycle.”

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