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What to Expect From Friday’s High-Stakes Jobs Report

August jobs report to reveal if U.S. labor market slowdown continues, influencing Federal Reserve's likely interest rate cut amid recent weak job growth and revised data, economists say.

Summary by KIFI
By Alicia Wallace, CNN (CNN) — Warning signs have been flashing for months that the labor market has been losing steam. Friday’s closely watched jobs report is unlikely to offer any redemption. So far this week, fresh employment metrics have shown that first-time claims for unemployment benefits rose to an 11-week high; private-sector businesses sharply reined in their hiring last month; and August was the worst month since the Great Recession (…

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+5 Reposted by 5 other sources
Lean Left

Job growth stalls: US economy added just 22,000 jobs in August and unemployment rose to highest level since 2021

The US job market is stalling out.

·Atlanta, United States
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CBS News broke the news in United States on Thursday, September 4, 2025.
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