▶youtube BusinessEconomy first seen 1 d ago, last 1 h ago, peak #9
US jobs report far below expectations as unemployment rises
Original: BREAKING: Jobs report far below expectations, unemployment ticks up
A new US jobs report has come in far below expectations, and the unemployment rate has ticked upward. The disappointing figures suggest the labour market is cooling more quickly than anticipated, sparking immediate debate among economists, investors and policymakers about what the weakness means for the broader economy and the outlook ahead.
Why now: The unexpected jobs miss and rising unemployment have immediate consequences for markets, the Federal Reserve and public perception of the economy.
United StatesUS labor marketFederal Reserve
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Evidence
- BREAKING: Jobs report far below expectations, unemployment ticks up · MS NOW · 184.6K
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