The latest jobs report reveals a concerning slowdown in hiring across the U.S., with only 22,000 jobs added in August and the unemployment rate rising to 4.3%. Economists are worried about the implications for the economy's health and potential stagflation.
August's job growth has plunged, with the unemployment rate hitting 4.3%, raising concerns over the economy's stability. Experts warn of potential recession as labor market conditions worsen amid controversial policies.
China's consumer prices have fallen for the fourth straight month, raising concerns about the effectiveness of Beijing's stimulus measures. With price wars in the auto industry and a deepening deflation in producer prices, experts warn that domestic demand must be revived to combat economic stagnation.