U.S. Jobs Market Slows
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strong labor marketBored Bat
•Decaying jobs market overtakes inflation as U.S. economy’s biggest threat
71% Informative
The economy added just 142,000 new jobs in August and employment gains in the prior two months were also slashed.
The increase in new jobs for the last three months is the smallest since the 2020 pandemic.
The Fed is giving greater weight to the labor market in deciding how much to cut interest rates.
VR Score
83
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89
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26
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English
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35
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