On today's episode of Bloomberg Businessweek Daily, Katie Greifeld and Bailey Lipschultz discuss US jobs markdown setting the stage for a rate cut from the Federal Reserve. Bloomberg's Molly Smith drops by to break down the possibility of a sizable downward revision. Also on today's show, Nick Wadhams discusses US migrant raid jolting South Korea, Bloomberg Daybreak co-host Stephen Carroll reacts to French Premier Francois Bayrou's resignation, and Atlantic Council Senior Fellow Ellen Wald