Yes, that’s right, jobs and unemployment both fell. In August, full time jobs were up 600 but part time down 9,300, net down 8,800. The unemployment rate fell to 5.1% because the participation rate also fell 0.2% to 65%, which is the lowest since 2006.
Revisions to last month were down, from 14k jobs to 11.7k, most were full time lost.
Dollar was up 10 pips, just noise.
Much more to come.