▶youtube BusinessEconomy first seen 2 d ago, last 1 h ago, peak #9
US jobs report falls far short of expectations as unemployment rises
Original: BREAKING: Jobs report far below expectations, unemployment ticks up
A newly released US jobs report came in well below economists' expectations, with unemployment ticking upward. The weak hiring numbers are drawing heavy attention, with commentators warning the labour market may be cooling faster than anticipated and questioning what the data means for the Federal Reserve's next moves on interest rates.
Why now: Fresh economic data showing weaker job growth and rising unemployment has immediate implications for the economy and Fed policy.
United StatesFederal ReserveUS labour market
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Evidence
- BREAKING: Jobs report far below expectations, unemployment ticks up · MS NOW · 186.2K
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