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Posts tagged as “Federal Reserve Chair”

U.S. Job Growth Slows More Than Expected in October, Unemployment Rate Rises to 3.9%

The U.S. economy saw job growth slow more than expected in October, with nonfarm payrolls increasing by 150,000 and the unemployment rate rising to 3.9%. The report confirms expectations of a slowdown in job growth, and could signal further slowing in the coming months. The Federal Reserve's third interest rate cut this year in October may take some heat off in its fight against inflation.