Weak UnitedStates tasks report all however makessure rate cut

Weak UnitedStates tasks report all however makessure rate cut

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August payroll additions far listedbelow projections, recommending high interest rates are beginning to bite PUBLISHED : 6 Sep 2024 at 22: 23 A diningestablishment markets for employees in Medford, Massachusetts. )Photo: Reuters) WASHINGTON – US Federal Reserve policymakers got a green light to start a round of interest rate cuts this month after a federalgovernment report on Friday revealed companies included far less employees than economicexperts had anticipated in August and July. Nonfarm payrolls increased by 142,000 tasks last month after a downwardly modified increase of 89,000 in July, the Labor Department stated. Economists surveyed by Reuters had projection payrolls would incr
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