US labor market cracks widen as job growth nearly stalls in August
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US labor market cracks widen as job growth nearly stalls in August
STORY: U.S. job growth slowed sharply in August and unemployment hit its highest level in nearly four years, likely paving the way for the Federal Reserve to cut interest rates this month.The closely watched jobs report released on Friday by the U.S. Labor Department showed that nonfarm payrolls increased by only 22,000 jobs in August ...
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