Labor market is not in 'a worry zone' just yet, expert says

August's jobs data and unemployment rate, both due out Friday morning, will be pivotal pieces of data for the Federal Reserve as officials have been setting the stage for interest rate cuts at their September policy meeting.

Jobs for the Future CEO Maria Flynn sits down with Wealth's Brad Smith

"We saw in July was that the national unemployment rate went up a bit to 4.3%. So the highest that it had been in three years, but I think what's important to remember is that 4.3% is still a low number, especially if we think back to full employment being 5%," Flynn tells Yahoo Finance.

"I don't think that we are in a worry zone right now, but I think really looking at what these trends are, what the combination of the unemployment rate, the initial claims data tell usm what the Fed is looking at. I think it's a time to keep an eye on this, but it's not a time to worry."

Flynn comments on what industries are seeing the fastest growth in employment and how job seekers should approach a job interview.

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This post was written by Luke Carberry Mogan.