MNI BRIEF: Weaker Aug US Jobs Report Paves Way To Fed Cut

Sep-05 12:54By: Jean Yung
Labor Data+ 1

You are missing out on very valuable content.

U.S. hiring cooled again in August and the unemployment rate ticked a tenth higher, paving the way for an interest rate cut from the Federal Reserve as soon as this month. Employers added just 22,000 jobs last month, down from a revised 79,000 in Ju...