I write this MacroFriday just after the highly anticipated August Non-Farm Payrolls. July’s release signaled weak job creation at 73.000, but it was the hefty –258.000 in downward revisions to prior months that really stood out. The three-month average slipped to just 35,000 jobs per month, which was the lowest since 2010 (excluding the volatile 2020 period). For August, econom ...