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US Job Market Sees Significant Slowdown with Only 22,000 Jobs Added in August
Financial MarketsUS Job MarketUpdated 15 hours ago

US Job Market Sees Significant Slowdown with Only 22,000 Jobs Added in August

The US job market is experiencing a troubling slowdown, with only 22,000 jobs added in August and a loss of 13,000 jobs in June. This trend raises concerns about economic stability as businesses adjust to the impacts of tariffs and ongoing trade tensions.

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Editor’s Note: This matters because a weak jobs report can indicate broader economic issues, affecting consumer confidence and spending. The slowdown in hiring could have implications for future economic growth and policy decisions.

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