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U.S. Adds 142,000 Jobs In August As Focus Turns To Fed Rate Cut; Showbiz Employment Continues Drop
The U.S. economy added 142,000 jobs in August, with the unemployment rate at 4.2%, as the focus has turned to the Federal Reserve’s expected cut in the prime interest rate this month. The top gains in employment were in construction and health care. The movie and sound recording industries continued to see job losses during […]
The U.S. economy added 142,000 jobs in August, with the unemployment rate at 4.2%, as the focus has turned to the Federal Reserve’s expected cut in the prime interest rate this month. The top gains in employment were in construction and health care. The movie and sound recording industries continued to see job losses during the month, shedding 4,200 positions to 444,300.
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