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Why a weaker jobs market is sparking recession fears

Job seekers attend a job fair in Sunrise, Fl., on June 26, 2024. Employers added only 114,000 jobs last month, well below expectations, raising fears about the economy.

U.S. employers added just 114,000 jobs in July as the unemployment rate rose to 4.3%. The weaker-than-expected report is adding to fears of an economic slowdown.

(Image credit: Joe Raedle/Getty Images)

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