Job Market Cools: Rate Cut Incoming?
Update: 2025-09-07
Description
Alarm bells are ringing! The latest US jobs report reveals a shockingly low 22,000 jobs added in August, far below expectations and triggering fears of a hiring slowdown. With downward revisions erasing nearly 280,000 jobs and unemployment exceeding job openings for the first time since 2021, Wall Street anticipates a likely Federal Reserve interest rate cut to stimulate the cooling economy. Is this the beginning of a major shift in the labor market?
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