Jobs report shows 22,000 gain in August and unemployment hits nearly 4-year high. Weak hiring tees up Fed rate cut.

Jobs report shows 22,000 gain in August and unemployment hits nearly 4-year high. Weak hiring tees up Fed rate cut.



Jobs report shows 22,000 gain in August and unemployment hits nearly 4-year high. Weak hiring tees up Fed rate cut.
The economy added a lackluster 22,000 new jobs in August and the unemployment rate rose to a nearly four-year high, underscoring the increasing fragility of the U.S. labor market.


www.marketwatch.com
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