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Trends

U.S. Labor Cooldown Deepens as ADP Shows 54,000 Jobs and Services PMI Hits 52.0

Weak hiring with contracting services employment is strengthening expectations for a September Fed rate cut.

German Labor Market Faces Stagnation as Unemployment Remains High

Germany Faces Economic Struggles with Rising Unemployment and Structural Challenges

US Job Openings Drop to Lowest Level Since 2021, Indicating Labor Market Cooling