US markets close in red after brutal August jobs report
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US markets close in red after brutal August jobs report
Job growth slowed to a crawl in August, and the unemployment rate rose to its highest level in nearly four years, indicating the US labor market is growing stagnant. The economy added just 22,000 jobs last month and the unemployment rate rose to 4.3% from 4.2%, according to the Bureau of Labor Statistics. August’s job report also included a ...
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