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Market Impact: 0.35
The U.S. jobs market just took a turn for the worse. Or did it?
Source: marketwatch.com
Economic DataConsumer Demand & Retail
September's weak U.S. jobs report did not indicate a labor-market collapse, but it showed hiring has slowed and job seekers face a more difficult employment environment. The softer labor backdrop could weigh on consumer spending expectations and reinforce caution around the economic outlook.
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