Concerns Mount Over US Labor Market | Presented by CME Group

[Music] Concerns are mounting over the US labor market after August jobs report revealed stark weakness with non-farm payrolls rising by just 22,000 far below the anticipated 75,000 and the unemployment rate remaining at 4.3% unchanged from the previous month. This tepid growth could mean a potential stall, raising fears of a recessionary pressures signaled by cooling hiring and rising layoffs, which hit their highest level since 2020. Investors were eyeing September's data for signs of a rebound or a deepe ...