The US jobs market is weak and getting weaker. The Friday BLS report has some dour implications for Australia. Total nonfarm payroll employment changed little in August (+22,000) and has shown little change since April, the U.S. Bureau of Labor Statistics (BLS) reported today. The unemployment rate, at 4.3 percent, also changed little in August. A job
The post AI gobbles US jobs in warning to Australia appeared first on MacroBusiness.