Payrolls rose 22,000 in August, less than expected in further sign of hiring slowdown (Jeff Cox/CNBC)

Jeff Cox / CNBC:
Payrolls rose 22,000 in August, less than expected in further sign of hiring slowdown  —  Job creation sputtered in August, adding to recent signs of labor market weakening and likely keeping the Federal Reserve on track for a widely anticipated interest rate cut later this month.

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