Financial markets faced pressure following a disappointing employment report for August, which showed the economy added just 22,000 jobs—significantly lower than anticipated. The weak labor market performance has reignited worries about the possibility of an economic downturn. Analysts suggest that the sharp drop in hiring could influence upcoming monetary policy decisions. Nikole Killion reports on the implications of the latest data for the broader economy.
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Trump hits the links amid economic slowdown concerns
Wall Street took hits on the market after hiring slumped in August. The economy added 22,000 jobs, far below expectations, fueling fresh concerns about a slowdown. Nikole Killion has more details.