Today, the Non-Farm Payrolls ($NFP ) report was released — and it shows a slowdown in job growth.
🔹 Forecast: The U.S. is expected to add only 110,000 jobs, which is much lower than usual.
🔹 Unemployment Rate: It’s going up to 4.3%, showing that more people are out of work.
🔹 Wages: No big changes. Wage growth remains steady.
🔹 ADP Report: Earlier this week, the private-sector ADP report also showed a surprise drop in jobs.
📉 This weak jobs data could mean that the economy is slowing down.
💰 Now the big question is: Will the Federal Reserve delay its interest rate cut? Some experts think yes, while others say the Fed might move faster to support the economy.
📊 Investors and markets are closely watching for the Fed’s next move.
