US Jobs Report Shows Signs of Labor Market Weakness in August
TL;DR Summary
The U.S. labor market experienced a significant slowdown in August, with only 22,000 new jobs added, well below expectations, and the unemployment rate rising to 4.3%, indicating economic stagnation and potential underlying issues in employment growth.
Topics:top-news#august-employment-data#business#job-creation#labor-market-slowdown#unemployment-rate#us-jobs-report
- Jobs report expected to show weakness in labor market NBC News
- Payrolls rose 22,000 in August, less than expected in further sign of hiring slowdown CNBC
- Unemployment Worsened In August. Here’s What To Know. Forbes
- Job growth stalls: US economy added just 22,000 jobs in August, unemployment at highest in nearly four years CNN
- Live: Analysis of US Jobs Report for August Bloomberg
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