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The highly anticipated August jobs report is expected to serve as the latest piece of economic data indicating that the US labor market is slowing down as investors ponder if further cooling could prompt a more significant interest rate cut from the Federal Reserve in less than two weeks.
The monthly report from the Bureau of Labor Statistics, slated for release at 8:30 a.m. ET on Friday, is expected to show nonfarm payrolls rose by 165,000 in August while the unemployment rate declined to 4.2%...
>>> Read more: August jobs report set to be the 'pivotal' factor in the size of the Fed's coming interest rate cut
The monthly report from the Bureau of Labor Statistics, slated for release at 8:30 a.m. ET on Friday, is expected to show nonfarm payrolls rose by 165,000 in August while the unemployment rate declined to 4.2%...
>>> Read more: August jobs report set to be the 'pivotal' factor in the size of the Fed's coming interest rate cut
