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U.S. stocks were struggling in early-afternoon trading Friday, as the latest jobs data for August helped revive investors' worries about a slowing labor market.
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Employers added 22,000 jobs in August. Revised data also showed that employment fell by 13,000 jobs in June, the first net loss since December 2020.
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U.S. employers added just 22,000 jobs in August, according to a report from the Labor Department, while revised figures showed a net loss of jobs in June for the first time since 2020.
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Second Weak Jobs Report Undercuts Trump's Claims of a Booming Economy The New York TimesAmerica's job market flashes yet another warning sign about the economy CNNUS hiring stalls with employers reluctant to expand in an economy grown increasingly erratic AP NewsUS unemployment rate near 4-year high as labor market hits stall speed ReutersOpinion | The Trump Summer Jobs Stall The Wall Street Journal
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