Jobs Report Sept 6 2024. Following unexpectedly dismal july tallies that sparked fears of an economic slowdown, friday’s jobs report from the labor department finds hiring moved up in. That is above and beyond the usual return to work of more than one million teachers.
The weakening jobs figures underscore why the federal reserve is set to cut its key interest rate when it next meets sept. Employers added 254,000 jobs in september, blowing away forecasts and reversing a slowdown in hiring.