Updated on: September 6, 2024 / 8:07 PM EDT/ CBS News Employersadded142,000 jobs in August, representing fewer new positions than the 160,000 that had been forecast by economists. Unemployment eased slightly to 4.2%, in line with expectations, according to data released Friday by the Bureau...
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"The labor market has softened, but job gains should continue as consumer spending growth remains solid and businesses continue to invest," he noted. "Job growth should pick up in the second half of 2025 as lower interest rates support stronger economic growth."...