The latest jobs report presents mixed signals. On the downside, August payrolls increased by only 142,000, below the estimated 165,000, but still an improvement over July’s revised 89,000. Furthermore, job figures for the past four months have been revised down.

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The latest data from ADP reveals a significant slowdown in job growth, with U.S. businesses adding only 99,000 new jobs in August. This figure marks the smallest increase since 2021 and suggests a rapidly cooling labor market, which is likely to have broad economic implications.

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This article Exploring the Latest US Jobs Report: March 2024 appeared first on Guerilla Stock Trading.

As we navigate through the current state of the U.S. economy, there’s a pervasive sense of confusion. Despite…

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This article Strong Job Growth Continues in the United States: Over 2.4 Million Jobs Added in 2023 appeared first on Guerilla Stock Trading.