JOBS REPORT SHOCKER!📉 Is a Recession Coming? Fed Rate Cut NOW!
Did you know job growth significantly missed expectations, adding only 22,000 jobs in August? This surprisingly weak report signals a potential economic slowdown, further solidifying the likelihood of a Federal Reserve interest rate cut this month. Moreover, the unemployment rate ticked up to 4.3%, adding to concerns about the labor market's health. However, despite the gloomy jobs data, average hourly earnings saw a modest increase. Subscribe to our channel for more in-depth economic analysis and stay ahead of the curve.
Tags/Hashtags: #unemployment #economy #recession
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