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RSM's Joe Brusuelas sits with Diane King Hall at the NYSE to react live to the August jobs data. He believes that digging down into the data that "bad news on Main Street is good news on Wall Street" as investors anticipate a rate cut from the Federal Reserve. He says his model doesn't show a cut, but he believes the Fed will deliver a cut in the September meeting. "People are having a hard time finding jobs if they're laid off," he adds. He discusses the health of the labor force and stresses the revisions will be a focal point in the months ahead. Joe adds that inflation will not make a U-turn and believes tariffs will ultimately play a role in rising inflation. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe Download the iOS app - https://apps.apple.com/us/app/schwab-... Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-... Watch on Sling - https://watch.sling.com/1/asset/19192... Watch on Vizio - https://www.vizio.com/en/watchfreeplu... Watch on DistroTV - https://www.distro.tv/live/schwab-net... Follow us on X – / schwabnetwork Follow us on Facebook – / schwabnetwork Follow us on LinkedIn - / schwab-network About Schwab Network - https://schwabnetwork.com/about #jobs #bls #employment #data #economy #work #job #nonfarm #payroll #nonfarmpayroll #working #interestrates #inflation #usa #government #nyse #wallstreet #mainstreet #investing #trading #markets #stockmarket #schwabnetwork