Friday, September 6, 2024

US jobs data shows labour market continuing to cool

The US added fewer jobs than expected last month, according to new data released Friday.


Nonfarm payrolls expanded by 142,000 in August, almost 20,000 below predictions - reflecting a slowing labour market


The jobs report comes at a crucial moment ahead of the Federal Reserve's next rate meeting later this month.


Sally Patterson reports from New York. 


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