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August jobs report sorely misses forecasts — bolstering interest rate cut hopes
The US job market drastically weakened in August, confirming signs of a slowdown – and making an interest rate cut this month look like a done deal. Employers added a paltry 22,000 jobs last month — ... Read More
The August jobs report has economists alarmed. Here are their 3 top takeaways.
Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ... Read More
AI CEO says technology ‘moving very quickly,’ could soon replace more jobs
Anthropic CEO Dario Amodei doubled down on his warning that artificial intelligence could soon cause mass unemployment, even as the technology’s current capabilities lag behind many predictions. Read More
Employers added 22,000 jobs in August, falling short of forecasts, as labor market cools
Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ... Read More
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