US jobs data: Unemployment hits four-year high at 4.3%; only 22,000 new jobs in August
Recent Views 5 Employment data for August revealed significant weakening in US job market conditions, with unemployment climbing to 4.3%, marking a nearly four-year peak. This development strengthens expectations for a Federal Reserve interest rate reduction this month, according to Reuters.The Friday employment report further disclosed June’s first job losses in four and a half…

