Why is the stock down so much?
Fresh August jobs data added fuel to concerns of a slowing labor market. A bout of weak data has sparked worries about the health of the economy, spooking markets and denting risk appetite in recent weeks. Nonfarm payrolls grew by 142,000, versus a 161,000 gain expected by economists polled by Dow Jones.Sep 6, 2024
Fresh August jobs data added fuel to concerns of a slowing labor market. A bout of weak data has sparked worries about the health of the economy, spooking markets and denting risk appetite in recent weeks. Nonfarm payrolls grew by 142,000, versus a 161,000 gain expected by economists polled by Dow Jones.Sep 6, 2024
