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U.S. August jobs report: Labor market continues to cool

U.S. August jobs report: Labor market continues to cool

In August, the U.S. economy added 187,000 jobs and the unemployment rate settled in at 3.8%, according to Labor Department data released on Friday.
Retail sales rise more than expected amid labor market softening

Retail sales rise more than expected amid labor market softening

Retail sales rose more than expected in May, pointing to continued resilience in spending that might push a recession further down the road.