Forecasting the job market after a devastating day on Wall Street

Forecasting the job market after a devastating day on Wall Street
The Dow fell more than 500 points Thursday. Getty/Mario Tama
Forecasting the job market after a devastating day on Wall Street
The Dow fell more than 500 points Thursday. Getty/Mario Tama

Forecasting the job market after a devastating day on Wall Street

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After a brutal day on Wall Street Thursday, surely a few traders busted out some antacids Friday morning. Compounding the tension was the wait for the latest job report. The numbers for July arrived early Friday morning—they were not bad but they were not great.

So Eight Forty-Eight asked its regular business guru David Greising to assess what it all this meant for the economic forecast.Greising is a reporter with the Chicago News Cooperative.