New jobs numbers raise alarm bells on recession risk
Briefly

Yellow flags in labor market data have turned red, signaling a need for action to combat economic weakness.
Unemployment rate rising to 4.3%, job growth slowdown, and other warning signs highlight the economy's deteriorating direction.
Market reaction: S&P 500 down 2.5%, U.S. Treasury yields at 3.82%, anticipating significant rate cuts to address economic weakness.
Read at Axios
[
|
]