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Weaker-Than-Expected August Job Growth Reported—Labor Market Officially At Pre-Pandemic Levels

With the labor market weakened, “now is the time the Fed will have to perfectly execute the ‘soft landing,’” according to one analyst. ....

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U.S. Added Less Than Expected 209,000 Jobs Last Month As Labor Market Cools—Slightly

The recent resilience of the labor market has largely been bad news for stocks as hopes dwindle that interest rates will soon come down. ....

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