#USGovShutdown
đ Morning Bid: Darkness on U.S. Jobs Market
đŒ The U.S. labor market is showing fresh cracks:
Hiring is slowing
Layoffs are creeping up
Fewer opportunities for job seekers
đ Analysts say the latest data is disappointing, casting a long shadow over growth expectations.
đ Market Reaction
Dollar weakening as confidence slips
Rate cut speculation grows around the Fed
Investor caution spreads across equities & bonds
đ Global Ripple
Traders in Asia & Europe are glued to U.S. employment data
A deeper slowdown could shake global confidence
đ Bottom line: The U.S. job market looks dull and dangerous â clouds of doubt are darkening hopes for a strong recovery. âïž