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US labour market slowdown sparks Fed questions
US job growth slows to 75,000 in August, prompting key insights on economy, markets, and Federal Reserve decisions with Kyle Rodda.
US job growth slows to 75,000 in August, prompting key insights on economy, markets, and Federal Reserve decisions with Kyle Rodda.
The US labour market is showing signs of fatigue, with August’s Non-Farm Payrolls expected to add just 75,000 jobs. That’s a sharp slowdown compared to earlier this year and could point to a cooling economy.
Despite the weaker job creation, unemployment remains near historic lows. This unusual combination raises important questions for the Federal Reserve, which must balance growth concerns with inflation pressures.
Joining us is Kyle Rodda to break down what the numbers mean for markets, future interest rate decisions, and why wage growth could be the factor to watch.
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