Reported about 9 hours ago
Forecasts suggest a lackluster job growth of only 75,000 in August, coupled with a rise in unemployment to 4.3%, indicating a softening labor market that may prompt the Federal Reserve to consider an interest rate cut. The recent increase in jobless claims and a significant drop in employment due to immigration policies and tariffs have raised concerns about economic stability and job creation, especially as preliminary revisions may show downward corrections in previous employment figures.
Source: YAHOO