US Jobs Report Shows Weaker Job Growth and Rising Unemployment, Aligning with Federal Reserve's Goals =============== #2140b79c ver:1.16 The latest US jobs report shows weaker job growth and rising unemployment, aligning with the Federal Reserve's goals of cooling the labor market and preventing inflation. The report also reveals a slowdown in wage growth, which is seen as positive for preventing inflation from rising. Investors are now expecting interest rate cuts in September as a result. However, concerns remain about the concentration of job growth in certain sectors and the gradual increase in the unemployment rate. #USjobs #FederalReserve #economy... #newstr #UsFederalReserve #JobMarket #InterestRates #Inflation #UsLaborCosts #UsEconomy #JobsReport https://here.news/story/2140b79c?ver=1.16