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US Economy Adds 22,000 New Jobs in August, Below Market Estimates

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US Economy Adds 22,000 New Jobs in August, Below Market Estimates

A “now hiring” sign at a coffee shop in Greensboro, N.C., on Sept. 19, 2024. Madalina Vasiliu/The Epoch Times

U.S. job growth slowed in August, fueling concerns about a sharp slowdown unfolding in the labor market.

According to the Bureau of Labor Statistics, the economy created 22,000 new jobs in August, from an upwardly revised 79,000 in the previous month.

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